Answer:
$39.40
Explanation:
According to the situation, the solution is as follows
The Net asset value of the fund is
= (Current worth of portfolio - liabilities) ÷ (outstanding shares)
= ($200 million - $3 million) ÷ (5 million shares)
= $39.40
Basically we applied the above formula in order to determine the net asset value of the fund.
Answer:
Family Maintenance Policy
Explanation:
A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person
After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy
Therefore according to the given situation, it represents the family maintenance policy
Answer:
Additional property improvement that bring no corresponding increase in income or value, the law of decreasing return is operating.
Explanation:
Improvements to land and structures eventually will reach a point at which there will have no positive effect on property values. As long as money spent on such improvements produces a proportionate or greater increase in income or value, the law of increasing returns is in effect.
At the point when additional improvement that bring no corresponding increase in income or value, the law of decreasing return is operating.
