The answer is 3/2. you do this by subtracting 7 1/4 from the 8 3/4 and simplifying the 6/4!
Answer:
where is the graph?........
Data:
<span>Number of shares: 500
name of fund
nav offer price
hat mid-cap $18.94 $19.14
Profit $6,250.
1) Investment = number of shares * offer price = <em />500 * $ 19.14 = $ 9570
2) Total net value = profit + investment = $6250 + $9570 = $15820
3) NAV = total net value / number of shares = $15820 / 500 = $31.64
Answer: option c: 31.64
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