Based on the information given each share has a net asset value of $17. 50. True.
Using this formula
Net asset value=Net assets/Number of shares
Where:
Net assets=$294,000
Number of shares=16,800 shares
Let plug in the formula
Net asset value=$294,000/16,800 shares
Net asset value=$17.50
Inconclusion each share has a net asset value of $17. 50. True.
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