Answer Posted / saurabh verma
NAV = (Market Value of All Securities Held by Fund + Cash and Equivalent Holdings - Fund Liabilities) / Total Fund Shares Outstanding.
Let's assume at the close of trading yesterday that a particular mutual fund held $10,500,000 worth of securities, $2,000,000 of cash, and $500,000 of liabilities. If the fund had 1,000,000 shares outstanding, then yesterday's NAV would be:
NAV = ($10,500,000 + $2,000,000 - $500,000) / 1,000,000 = $12.00
Hope this will help... All d best
| Is This Answer Correct ? | 29 Yes | 2 No |
Post New Answer View All Answers
my qustion is what is H foam and where use
What is Hot Issue Income for Hedge Funds?
Meaning of portfolio management?
Short Answer on ___________Appreciation
why do think you are best candicate for this post.
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
what is the nature of bill receivable and consignmenta/c
Do v call director in the partnership firm?
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
difference between vat 47 & vat 49
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
How exchange rates are maintained in sap
Expand-------ACNS
