NAV (Net asset value)
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Free Inquiry Order A Paper Now Cost EstimateCalculate the NAV (Net asset value) of the following fund, assuming 500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock C climbs to $50.7.
Stock
Shares owned
price
A
1,500
$6.75
B
4,000
$45.30
C
2,000
$32.04
Cash
n.a.
$3,508
a) Will the NAV increase or decrease? Why?
b) Calculated your return on your investment given the change in NAV
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