The correct answer is letter c. The offer price of the fund was $0.15 more than the net asset value when purchased.
Formula for calculating NAV:
Net Asset Value (NAV) = (Assets - Debts) / (Number of Outstanding Units)
The Net Asset Value (NAV) is the price in which you pay to buy a unit of mutual fund scheme when you invest.
Answer: B. positive 6
Step-by-step explanation: Addomg the positive number to a negative number would turn it to a positive eventually. So u covert your factions to decimals to better see the resemblance. And 1 1/2 is the same as 1.5, and 2 1/10 is the same as 2.1 but it’s easier to deal with decimals. So then just add the positive to the negative sense 1 1/2 is closer to zero. I hope this helps I’m not the best at explaining things
Answer:
12 45 785 96
Step-by-step explanation: