Foundation Of Financial SystemsTU Board 2080
The Mega Fund, a closed end fund, has a portfolio of assets worth Rs. 220 million. It has liabilities of Rs. 10 million. It also has 20 million shares outstanding. What is the fund's NAV? If the…
2The Mega Fund, a closed-end fund, has a portfolio of assets worth Rs. 220 million. It has liabilities of Rs. 10 million. It also has 20 million shares outstanding. What is the fund's NAV? If the fund trades at 2 percent discount from its NAV, what is the market price of the fund's shares?
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