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  • Assignment 2 - NAV

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    J Valdez
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    The document contains two examples of calculating net asset value (NAV) for mutual funds and investments. The first example is of a mutual fund with 8 million shares outstanding, portfolio value of Php300 million, and liabilities of Php5 million. The NAV is calculated to be Php299.375 per share. The second example is of BMG Corp which issued 3,000 shares with a market value of Php1,000 each and no obligations. The NAV is simply Php1,000 per share.

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    The document contains two examples of calculating net asset value (NAV) for mutual funds and investments. The first example is of a mutual fund with 8 million shares outstanding, portfolio value of Php300 million, and liabilities of Php5 million. The NAV is calculated to be Php299.375 per share. The second example is of BMG Corp which issued 3,000 shares with a market value of Php1,000 each and no obligations. The NAV is simply Php1,000 per share.

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    © All Rights Reserved
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    19 views1 page

    Assignment 2 - NAV

    Uploaded by

    J Valdez
    The document contains two examples of calculating net asset value (NAV) for mutual funds and investments. The first example is of a mutual fund with 8 million shares outstanding, portfolio value of Php300 million, and liabilities of Php5 million. The NAV is calculated to be Php299.375 per share. The second example is of BMG Corp which issued 3,000 shares with a market value of Php1,000 each and no obligations. The NAV is simply Php1,000 per share.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Joyce Ann Chris S.

    Valdez

    Assignment 2 - NAV

    1. Suppose that a mutual fund with 8 million shares outstanding has a portfolio with
    a market value of Php300 and liabilities of Php 5 million. What is the Net Asset
    Value of the portfolio?

    8,000,000 x 300 = 2,400,000,000

    NAV = 2,400,000 – 5,000,000


    8,000,000
    = 299.375

    2. BMG Corp. issued 3,000 shares outstanding with a market value of Php 1000.00
    without any obligation. What is the Net Asset Value of the investment?

    1,000 x 3,000 = 3,000,000

    NAV = 3,000,000 – 0
    3,0000
    = 1,000

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