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Nezzie invests in 300 shares of stock in the fund shown below. name of fund nav offer price lkit mid-cap $16.58 $16.99 nezzie plans to sell all of her shares when she can profit $5,000. what must the net asset value be in order for nezzie to sell?

Respuesta :

The correct answer is D) 33.66

abiolataiwo2015

The net asset value be in order for nezzie to sell is: $33.66.

What is net asset value?

Net value asset can be defined as the value of an asset less the value of the liabilities.

Using this formula

Net asset value=(Profit/Number of shares)+Price

Let plug in the formula

Net asset value=($5,000/300 shares)+$16.99

Net asset value=$16.67+$16.99

Net asset value=$33.66

Inconclusion the net asset value be in order for nezzie to sell is: $33.66.

Learn more about net asset value here:https://brainly.com/question/25646730

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