The investments in the Alamo Basics Contingency Fund have a current market value of $730 million. The fund also has liabilities that total $45 million. If this mutual fund has 25 million shares, what is the net asset value per share? Select one:a. $1.80b. $27.40c. $29.20d. $31.00e. $26.50
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The investments in the Alamo Basics Contingency Fund have a current market value of $730 million. The fund also has liabilities that total ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Honk, Inc. a U. S. corporation, purchases weight-lifting equipment for resale from HiDisu, a Japanese corporation, for 60 million yen. On the date of purchase, 110 yen is equal to $1 U. S. (¥110:$1).
Answers (1)
In 1999, the Coca-Cola Company developed a vending machine that would raise the price of Coke in hot weather. Present a supply and demand diagram to explain the logic behind this machine.
Answers (1)
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponets at a rate of 12,500 per year (of 250 working days).
Answers (1)
What is a review of successful products that takes place during the production​ process?
Answers (1)
Getaway Travel Company reported net income for 2016 in the amount of $50,000. During 2016, Getaway declared and paid $2,000 in cash dividends on its nonconvertible preferred stock. Getaway also paid $10,000 cash dividends on its common stock.
Answers (1)
New Questions in Business
Rockingham Motors issued a 30-year, 8 percent semiannual bond 3 years ago. The bond currently sells for 103.1 percent of its face value. The company's tax rate is 34 percent. What is the aftertax cost of debt?
Answers (1)
Producer surplus is the area A. under the demand curve and above the price. B. between the supply and demand curves. C. below the price and above the supply curve. D. under the supply curve.
Answers (1)
Arthur made a bid at an auction by calling out the amount of $250. The auctioneer acknowledged Arthur's bid. There were no higher bids, and before the fall of the auctioneer's hammer, Arthur announced that he was withdrawing the bid.
Answers (1)
You can still use deferment or forbearance options after your loans are in default. True or False
Answers (1)
Assume that Cane normally produces and sells 75,000 Betas and 95,000 Alphas per year. If Cane discontinues the Beta product line, its sales representatives could increase sales of Alpha by 15,000 units.
Answers (1)