Acertain mutual fund has net assets of $1,359,600. one share of this fund has a net asset value of $11.33. how many shares make up the fund? a. 833 b. 120,000 c. 1,359,600 d. 15,404,268

Option b. 120,000

Step-by-step explanation:

Total value of a certain mutual fund = $1,359,600

One share of this fund has NAV = $11.33

We just divide to find how many shares are there of this value.

= 1,359,600 ÷ 11.33 = 120,000 shares

Therefore, 120,000 shares make up the fund.

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step-by-step explanation:

dd

these sign is used to tell weather the number is greater or less than the number   <   or >     but this sign means its equal =    

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step-by-step explanation: