On January 1 st , 2019, a mutual fund raised $24,000 by issuing 1,000 shares and invested the proceeds in 80 shares of Alpha Inc. @ $80, 200 shares of Beta Inc. @ $43 and 300 shares of Gamma Inc. @...


On January 1st, 2019, a mutual fund raised $24,000 by issuing 1,000 shares and invested the proceeds in 80 shares of Alpha Inc. @ $80, 200 shares of Beta Inc. @ $43 and 300 shares of Gamma Inc. @ $18. On December 31st, 2019, Alpha, Beta, and Gamma stock prices were $82, $35, and $22, respectively. There was a 5-for-2 stock split in Beta stock on September 15th, 2019. What is the NAV per share on December 31st, 2019?



Jun 07, 2022
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