The capitalist mutual fund's portfolio is valued at $45 million. the fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. what is the fund's net asset value?
a. $100
b. $26.25
c. $52.50
d. $3.75

Option B. $26.25

Step-by-step explanation:

The capitalist Mutual Fund's portfolio is valued = $45 million

Liabilities = $3 million

sponsoring the fund has issued = 1,600,000 shares

Fund's Net Asset Value (NAV) = ($45m - 3m)/ 1.6m shares

                                         NAV =

                                                  = 26.25

The fund's net asset value is $26.25.

..

step-by-step explanation:

7! = 7×6×5×4×3×2

3! = 3× 2

as 7! is multiple of 3! because 7! contains 3! that is 3× 2 as factor

so 7! /(3! ) = 7× 6× 5× 4

= 42 × 20

= 840

its b) 840✌✌✌

dhruv⭐