Kaushik open fund is an open end mutual fund that owns 650, Ask an Expert

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Kaushik Open Fund is an open end mutual fund that owns 650 share of IBM priced at $190 per share. The fund also owns 500 shares of GE priced at $23.50 per share, and 600 shares of Joy Global priced at $53.45 a share. It also owns 1,000 shares of facebook at $24 per share.

The fund itself has 1500 of its own shares outstanding. What is the NAV of a fund's share?

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Category:- Basic Finance
Reference No.:- M9864118

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