thompsonjodi5775 thompsonjodi5775
  • 25-12-2020
  • Business
contestada

City Street Fund has a portfolio of $450 million and liabilities of $10 million. a. If there are 44 million shares outstanding, what is the net asset value

Respuesta :

Ritmeks
Ritmeks Ritmeks
  • 26-12-2020

Answer:

10

Explanation:

City street fund has a portfolio value of $450 million

Liabilities is $10 million

Outstanding shares is 44 million

Therefore the net asset value can be calculated as follows

Portfolio value-liabilities/no of shares outstanding

= 450 million-10million/44 million

= 440 million/44 million

= 10

Hence the net asset value is 10

Answer Link

Otras preguntas

What is the height difference?
A survey of 250 lobster fishermen found that they catch an average of 32.0 pounds of lobster per day with a standard deviation of 4.0 pounds. if a random sample
which feature do gas giants have that terrestrial planets do not? 1.) volcanoes 2.) rings 3.) rift valleys 4.)mountains
If the author wanted to rewrite this story as a play with dramatic irony, what change would be MOST effective? A) Coach Wilkins would prepare a speech and share
Increased accountability of employees is typically caused by​ ________.
How does the inclusion of women as subjects transform the nature of knowledge and the means of producing knowledge?
How does co2 move from your blood cells into your lung cells?
What is the spread of desert like conditions called?
Helpppp me please!!!!
Calculate the rise and run and find the slope ( 8,5) and (9,8)