QuickHelper

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Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 5 Days Ago
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 07 Jun 2017 My Price 10.00

The Aqua Liquid Assets Money Market Mutual Fund,

Question description

 

The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During the year, the assets held by this fund appreciated by 2.5 percent. If you had invested $50,000 in this fund at the start of the year, how many shares would you own at the end of the year? What will the NAV of this fund be at the end of the year? Why?  Remember to complete all parts of the question, show your work, and report the results of your analysis.  Respond to at least two of your classmates’ posts outside of your own thread. 

Answers

QuickHelper
(10)
Status NEW Posted 07 Jun 2017 01:06 PM My Price 10.00

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