Mathematics · Financial Mathematics
A Mutual Fund scheme has total assets worth 500,000,000 rupees. The scheme has accrued liabilities (expenses) of 20,000,000 rupees. The total number of units outstanding in the scheme is 40,000,000. Calculate the Net Asset Value (NAV) of the scheme per unit.
- 112.00 rupees✓
- 212.50 rupees
- 310.50 rupees
- 413.00 rupees
Correct answer
12.00 rupees
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