4. A Mutual Fund Owns 400 Shares Of Fiat, Ins., Currently Trading At Rs 7, And 400 Shares Of Microsoft, Inc., Currently Trading At Rs 70. The Fund Has 100 Shares Outstanding.(a) What is the Net Asset Value (NAV) of the fund?(b) If Investors Expect The Price Of Fiat Shares To Increase To Rs 9 And The Price Of Microsoft Shares ToDecrease To Rs 55 By The End Of The Year, What Is The Expected NAV At The End Of The Year?

4. A Mutual Fund Owns 400 Shares Of Fiat, Ins., Currently Trading At R

1.	4. A Mutual Fund Owns 400 Shares Of Fiat, Ins., Currently Trading At Rs 7, And 400 Shares Of Microsoft, Inc., Currently Trading At Rs 70. The Fund Has 100 Shares Outstanding.(a) What is the Net Asset Value (NAV) of the fund?(b) If Investors Expect The Price Of Fiat Shares To Increase To Rs 9 And The Price Of Microsoft Shares ToDecrease To Rs 55 By The End Of The Year, What Is The Expected NAV At The End Of The Year?
Answer» (a). Net Asset Value (NAV) = Rs 308.00(b). The Expected NAV = Rs 256.00Explanation:Given :Fiat, Ins. (TOTAL share) = 400 SharesFiat, Ins. (Currently TRADING rate) = Rs 7Microsoft, Inc. (total share) = 400 SharesMicrosoft, Inc. (Currently Trading rate) = Rs 70Fund's not received in account = 100 SharesTo find :Net Asset Value (NAV) of the fundThe Expected NAV At The End Of The YearSolution:(a).NAV STANDS for Net Asset Value★ Net Asset Value (NAV) :⇒ (400 × 7 + 400 × 70) / 100⇒ 2,800 + 28,000 /100⇒ 30,800 / 100⇒ 308⇒ Rs 308.00_________________________(b).★ The Expected NAV :⇒ (400 × 9 + 400 × 55) / 100⇒ 3,600 + 22,000 / 100⇒ 25,600 / 100⇒ 256⇒ Rs 256.00_________________________.°. (a). Net Asset Value (NAV) = Rs 308.00(b). The Expected NAV = Rs 256.00

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