The Flash Fund owns 4,000 of GM and 8,000 shares of Microsoft.GM's price is $20 and Microsoft's is $25.If the fund has 5,000 shares outstanding,its NAV per share is
A)$90.00.
B)$93.33.
C)$66.00.
D)$56.00.

Question

Quizplus · Accepted Answer

The Answer of The Flash Fund owns 4,000 of GM and 8,000 shares of Microsoft.GM's price is $20 and Microsoft's is $25.If the fund has 5,000 shares outstanding,its NAV per share is
A)$90.00.
B)$93.33.
C)$66.00.
D)$56.00.

The Flash Fund Owns 4,000 of GM and 8,000 Shares