The All-Star Basic Value Fund's portfolio is valued at $360 million. The fund has liabilities of $19 million, and the fund's net asset value is 16,700,000 What is the fund's number of shares outstanding? Multiple Choice О 20.42 million О 22.46 million 17.36 million 16.41 million О 21.49 million .

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
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Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
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The All-Star Basic Value Fund's portfolio is valued at $360 million. The fund has liabilities of $19 million, and the fund's
net asset value is 16,700,000 What is the fund's number of shares outstanding?
Multiple Choice
О
20.42 million
О
22.46 million
17.36 million
16.41 million
О
21.49 million
.
Transcribed Image Text:The All-Star Basic Value Fund's portfolio is valued at $360 million. The fund has liabilities of $19 million, and the fund's net asset value is 16,700,000 What is the fund's number of shares outstanding? Multiple Choice О 20.42 million О 22.46 million 17.36 million 16.41 million О 21.49 million .
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