Active Portfolios Fund had year-end assets of $279,000,000 and liabilities of $43.000.000. If Active Portfolio's NAV...

Question

Question

Answer 1

Answer #1

The detailed formula along with solution is presented in the image given below . Please hit like

Net Asset value A Asseto - Liabilities Cota kumber of Cuvien - Issets = $279000 Liabilities = $ 43000 NAV= $42.13 Substituti

Answer 2

Similar Homework Help Questions

Please show step by step Rotschild Portfolios had year-end assets of $279,000,000 and liabilities of $43,000,000....

Please show step by step Rotschild Portfolios had year-end assets of $279,000,000 and liabilities of $43,000,000. If Rotschild's NAV was $42.13, how many shares must have been held in the fund?
The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During...

The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During the year, the assets held by this fund appreciated by 1.6 percent. If you had invested $40,000 in this fund at the start of the year, how many shares would you own at the end of the year? What will the NAV of this fund be at the end of the year? Final share? Net Asset Value?
QUESTION 25 Atlas Fund had year-end assets of $459 million and liabilities of $21 million. If...

QUESTION 25 Atlas Fund had year-end assets of $459 million and liabilities of $21 million. If the NAV was $28.25, how many shares were there? a. 15,504,425. b. 15,907,625. c. 16,001,225. d. 16,247,788. QUESTION 26 Most actively managed mutual funds, when compared to a market index: a. Beat the index return in all years. b. Beat the index return in most years. c. Exceed the return of the index. d. Do not generally outperform the index.

A closed-end fund starts the year with a net asset value of $15. By year-end, NAV...

A closed-end fund starts the year with a net asset value of $15. By year-end, NAV equals $15.40. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $1.80. a. What is the rate of return to an investor in the fund during the year? Rate of...
A closed-end fund starts the year with a net asset value of $24. By year-end, NAV...

A closed-end fund starts the year with a net asset value of $24. By year-end, NAV equals $25.30. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.70. a. What is the rate of return to an investor in the fund during the year? (Do not...
A closed-end fund starts the year with a net asset value of $18. By year-end, NAV...

A closed-end fund starts the year with a net asset value of $18. By year-end, NAV equals $18.70. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.10. a. What is the rate of return to an investor in the fund during the year? (Do not...

A closed-end fund starts the year with a net asset value of $24. By year-end, NAV...

A closed-end fund starts the year with a net asset value of $24. By year-end, NAV equals $25.30. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.70. a. What is the rate of return to an investor in the fund during the year? (Do not...
A closed-end fund starts the year with a net asset value of $20. By year-end, NAV...

A closed-end fund starts the year with a net asset value of $20. By year-end, NAV equals $20.90. At the beginning of the year, the fund is selling at a 4% premium to NAV. By the end of the year, the fund is selling at a 9% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.30. a. What is the rate of return to an investor in the fund during the year? (Do not...
A closed-end fund starts the year with a net asset value of $11.00. By year-end, NAV...

A closed-end fund starts the year with a net asset value of $11.00. By year-end, NAV equals $11.20. At the beginning of the year, the fund was selling at a 3% premium to NAV. By the end of the year, the fund is selling at a 6.5% discount from NAV. The fund paid year- end distributions of income and capital gains of $2.10. a. What is the rate of return to an investor in the fund during the year? (Do...

A closed-end fund starts the year with a net asset value of $29. By year-end, NAV equals $30.80. At the beginning of th...

A closed-end fund starts the year with a net asset value of $29. By year-end, NAV equals $30.80. At the beginning of the year, the fund is selling at a 4% premium to NAV. By the end of the year, the fund is selling at a 9% discount to NAV. The fund paid year-end distributions of income and capital gains of $3.20. a. What is the rate of return to an investor in the fund during the year? (Do not...