Question 1 the western capital growth mutual fund has-, Ask an Expert

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Question: 1. The Western Capital Growth mutual fund has

- Total assets, $750,000,000

- Total liabilities, $7,200,000

- Total number of shares, 24,000,000

- What is the fund's net asset value (NAV)?

2. Jan Throng invested $31,000 in the Invesco Charter mutual fund. The fund charges a 5.50 percent commission when shares are purchased.

- Calculate the amount of commission Jan must pay.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92295541

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