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Question 582 - CTFA discussion

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If a mutual fund has an NAV of $100 million, and investors own $10,000,000 of fund's shares,the funds per share value will be:

A.
$100
Answers
A.
$100
B.
$1
Answers
B.
$1
C.
$10
Answers
C.
$10
D.
None of these
Answers
D.
None of these
Suggested answer: C
asked 16/09/2024
Hitesh Karangiya
36 questions
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