Ask Question
6 October, 04:32

A mutual fund has a market value of $40,000,000 and 4,000,000 outstanding shares. What is the value per share?

1

10

100

1,000

+5
Answers (1)
  1. 6 October, 04:34
    0
    If it has $40,000,000 ($40 million) and 4,000,000 (4 million shares) you divide the total worth by how many shares there are.

    40,000,000/4,000,000 = $10 per share, or the 2nd answer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A mutual fund has a market value of $40,000,000 and 4,000,000 outstanding shares. What is the value per share? 1 10 100 1,000 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers