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Lelu [443]
3 years ago
13

The Capitalist Mutual Fund's portfolio is valued at $45 million. The fund has liabilities of $3 million, and the investment comp

any sponsoring the fund has issued 1,600,000 shares. What is the fund's net asset value?
A. $100

B. $26.25

C. $52.50

D. $3.75
Mathematics
2 answers:
Scilla [17]3 years ago
5 0

Answer:

Option B. $26.25

Step-by-step explanation:

The capitalist Mutual Fund's portfolio is valued = $45 million

Liabilities = $3 million

sponsoring the fund has issued = 1,600,000 shares

Fund's Net Asset Value (NAV) = \frac{(45m-3m)}{1.6m}

                                         NAV = \frac{43,000,000}{1,600,000}

                                                  = $26.25

The fund's net asset value is $26.25.

Marta_Voda [28]3 years ago
3 0
Thank you for posting your question here at brainly. Feel free to ask more questions.  

The best and most correct answer among the choices provided by the question is <span>B. $26.25</span>.<span>       
    </span><span>
Hope my answer would be a great help for you.</span>
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Suppose you invest $580 at 10% compounded continuously , write an exponential function to model the amount in your investment ac
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Interest=percent times rate(in years) times principal.
Or I=PRT
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3 years ago
Sara cuts a pie into halves.How many pieces are there?
kifflom [539]

Answer:

2 Pieces

Mostly depends how much slices are there

Step-by-step explanation:

Every element is called half the whole by all equal sections. Similarly, the half fraction is defined as the whole half component of both of the two equivalent sections of the rectangle.

Hope this helps

3 0
3 years ago
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Emmanuel bought 27 lb of potting soil this week. This amount is 5 lb more than twice the amount of potting soil he bought last w
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Answer:

Emmanuel purchased 11 pounds of soil last week.

Step-by-step explanation:

If we want to find the number of pounds of soil Emmanuel purchased last week, we will have to work backwards.

We know that the amount is 5 lb more than twice the amount of potting soil he bought last week. This info gives us an equation.

2x + 5 = 27, as its twice the amount last week and 5 lbs more. Now we solve.

2x + 5 = 27 | Subtract 5 from both sides

2x = 22 | Divide both sides by 2

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8 0
3 years ago
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A square of area 36cm is cut out to make two rectangles, which we'll call A and B. The ratio is 2:1 for A: B. Work out the lengt
mr_godi [17]

Answer:

*by length i mean height

Length of A = 6

Width of A = 4

Length of B = 6

Width of B = 2

Step-by-step explanation:

You can approach this question in many different ways, but this is how i did it. I prefer to draw diagrams whenever i can, it just makes it easier, but its your choice what you choose to do.

Since its a square, we know that both the original length and width are 6.

Depending on which way you cut it, either the length or width will stay the same for both rectangles, but you'd still be right. I assumed they were cutting it down the middle, so the length stays 6 for both A and B.

To find the width of A and B:

The width of the square is 6 and i divided that by 3, becauce the ratio is 2:1, which has three "parts" to it (2+1=3).

So now we have 3 parts, each with a width of 2. From the ratio, we know that the width of A has to be double the width of B.

From this i get, width of A = 4 and width of B =2.

If you check this against the ratio 2:1, you'll see its correct because 4:2 simplifies down to 2:1 as well.

* if you want to be extra sure of you answer you can do some trial and error with different values for B and see if it fits the ratio, but theoretically, nothing else should work.

So the final answer is:

Length of A = 6

Width of A = 4

Length of B = 6

Width of B = 2

Hope that helped :)

5 0
3 years ago
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