essence2533 essence2533

10-05-2019
Mathematics

contestada

A mutual fund has a market value of $40,000,000 and 4,000,000 outstanding shares. What is the value per share?

1

10

100

1,000

Respuesta :

09-09-2019

Answer:

Option B. $10.00

Step-by-step explanation:

Market value of a mutual fund = $40,000,000

Total outstanding shares = 4,000,000

To find out per share value we use this formula

[tex]\frac{\text{Market value of the shares}}{\text{total number of shares}}[/tex]

[tex]\frac{40,000,000}{4,000,000}[/tex] = $10/share

The value of per share is $10.00

Answer Link

Otras preguntas

In the 1965 case griswold v. connecticut, the supreme court asserted that although the u.s. constitution does not explicitly guarantee a right to privacy, such

A patient appears in the clinic with a cough that began 24 hours prior to coming to this visit. the nurse evaluates the patient based on the most common cause o

At _________ the ip header is exposed and so filtering or firewalls can be applied to ip addresses. select one: a. layer 1 b. layer 2 c. layer 3 d. layer 4

Charlie is balancing an equation. She has identified the atoms and counted the number of each in the reactants and products. What would Charlie adjust to make t

whats one advantage of an foraging lifestyle over an agricultural lifestyle?

When crude oil is spilled in the ocean, how is the ecosystem affected? A. The supply of nutrients is increased. B. The consumers produce more energy. C. Hy

An oil slick is expanding as a circle. The radius of the circle is increasing at the rate of 19 meters per day. Express the area of the circle as a function of

A reflecting pool is shaped like a rhombus with a side length of 6 meters. What is the perimeter of the pool?

According to the process of isostatic adjustment, a. thin sections of crustal material float higher than thicker slabs. b. crustal slabs adjust very rarely. c.

Which of the following is the most appropriate use for graywater