BUSN 380 DEVRY WEEK 7 PROBLEM SET 7
BUSN 380 DeVry Week 7 Problem Set 7 BUSN380 BUSN 380 DeVry Week 7 Problem Set 7 Problem Set 7 1. Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund. Total assets $225,000,000 Total liabilities 5,000,000 Total number of shares 4,400,000 2. Calculating the Rate of Return of Investment Using Financial Leverage. Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. If after three years he sold the property for $120,000.
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BUSN 380 DeVry Week 7 Problem Set 7
BUSN380
BUSN 380 DeVry Week 7 Problem Set 7
Problem Set 7
1. Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund.
Total assets $225,000,000
Total liabilities 5,000,000
Total number of shares 4,400,000
2. Calculating the Rate of Return of Investment Using Financial Leverage. Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. If after three years he sold the property for $120,000.
