A mutual fund owns stocks with a market value of $1 billion and has liabilities of $1 million. What is the net asset value? If there are 2 million shares of stock outstanding, what is the net asset...

A mutual fund owns stocks with a market value of $1 billion and has liabilities of $1 million. What is the net asset value? If there are 2 million shares of stock outstanding, what is the net asset value per share?

How could a stock market crash affect the economy?