Answer: Start = $300 million
End = $318.59 million
Explanation:
NAV can be calculated by dividing the funds Assets net of Liabilities by the total number of outstanding shares.
At start of the year NAV is $300 million and NAV per share is therefore,
= 300 million/ 10 million
= $30 per share.
Ending NAV
During the year the fund made Investments and increased by a price of 7%
= 300 million (1 + 0.07)
= $321 million
We still have to subtract the 12b-1 fees that the fund charges though and that would result in,
= 321 million * (1 - 0.0075)
= 318.5925
= $318.59 million.
Dividing this by the total number of outstanding shares we have,
= 318.59 /10
= $31.86
$31.86 is the NAV per share at year end.
Subject lines in the emails serve the same role that headlines do in newspapers and magazines.
Subject lines are the short and single line sentence or phrase seen as the title of an email when received. They do the same purpose as that of the headlines of a newspaper. Newspaper headlines provide a brief idea of the news below it. It is also made attractive. The same goes with the subject line of an email. It needs to be catchy as well as compact. It gives the overall idea of the content of the email to the receiver.
Learn more about emails at brainly.com/question/16936700
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Answer:
The correct answer is C
Explanation:
Economies means the state of the region or the country in relation to the consumption and the production of the services and the goods and also the supply of the money.
If the economies of the India and the China, will be slow down, then the loanable funds as well as the interest rates will increase because the money for liquidity will be negligible which lead to competition among using the money for personal consumption or to delay the consumption through lending the money out.
Answer:
a. True
Explanation:
The above is true because financial resources are needed to enable a business meet up with its daily activities in terms of funding. Also, physical resources are buildings, machineries and assets in general which are required to carry a business daily operations. The labor resources, which is the most important resources are the workforce that carry out the day to day operations of a business.
The author used his word choice to darken the tone of this excerpt.
