Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million- The fund's liabilities are $125 million and it grew at 20% from last year- It currently has million shares outstanding- What is the fund's NAV?

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Why Invest in Mutual Funds?
A mutual fund provides diversification through exposure to a multitude of stocks. The reason that owning shares in a mutual fund is recommended over owning a single stock is that an individual stock carries more risk than a mutual fund
 


Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million- The fund's liabilities are $125 million and it grew at 20% from last year- It currently has million shares outstanding- What is the fund's NAV?






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