Question

A Mutual Fund Owns 400 Shares Of Fiat, Ins., Currently Trading At Rs 7, And 400 Shares Of Microsoft, Inc.,
Currently Trading At Rs 70. The Fund Has 100 Shares Outstanding.
(a) What is the Net Asset Value (NAV) of the fund?
(b) If Investors Expect The Price Of Fiat Shares To Increase To Rs 9 And The Price Of Microsoft Shares To
Decrease To Rs 55 By The End Of The Year, What Is The Expected NAV At The End Of The Year?​

Answer 1

Answer:

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Explanation:

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