6
QuizMultiple Choice

Mutual Funds

Question 6 • Financial Math A

A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?a.$0.08b.$0.80c.$8.00d.$80.00

Answer
A
A
B
B
C
C
D
D
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A mutual fund has total assets of 2.4 million…