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aleksandrvk [35]
3 years ago
8

The net asset value of stock in a mutual fund had increased by $20 per share when an investor decided to redeem them. The invest

or had purchased 100 shares of the stock for $2,316 and redeemed them for $4,301. What can you conclude about the fund? a. The fund is a no-load fund. b. The offer price of the fund was $0.15 less than the net asset value when purchased. c. The offer price of the fund was $0.15 more than the net asset value when purchased. d. The offer price of the fund was $0.15 more than the net asset value when sold.
Mathematics
2 answers:
Anni [7]3 years ago
8 0

Answer:

The answer is C. Have fun, get good grades.

Step-by-step explanation:

I took the test

FrozenT [24]3 years ago
6 0
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.
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Two doctors is what percent of 25 doctors
Anton [14]

Answer:

0. 8?

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3 years ago
Round each to the place of the underlined digit. (1). 32.65 (The 6 is underlined), (2). 3.246 (The 4 is underlined), (3). 4.073
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8 0
3 years ago
Solve, be sure to show each step under the original problem for any credit.<br> 1 =k/12 +5
Naya [18.7K]
K = -48

1. subtract 5 from both sides
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3 0
3 years ago
A bag of candy
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3 0
3 years ago
Suppose you have 5 riders and 5 horses, and you want to pair them off so that every rider is assigned one horse (and no horse is
maw [93]

There are 120 ways in which 5  riders and 5 horses can be arranged.

We have,

5 riders and 5 horses,

Now,

We know that,

Now,

Using the arrangement formula of Permutation,

i.e.

The total number of ways ^nN_r = \frac{n!}{(n-r)!},

So,

For n = 5,

And,

r = 5

As we have,

n = r,

So,

Now,

Using the above-mentioned formula of arrangement,

i.e.

The total number of ways ^nN_r = \frac{n!}{(n-r)!},

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^5N_5 = \frac{5!}{(5-5)!}

We get,

The total number of ways of arrangement = 5! = 5 × 4 × 3 × 2 × 1 = 120,

So,

There are 120 ways to arrange horses for riders.

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Learn more about arrangements here

brainly.com/question/15032503

#SPJ4

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2 years ago
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