At closing on April 20, The MegaMega Fund held the following investments. MegaMega Fund Holdings as...

At closing on April 20, The MegaMega Fund held the following investments.

MegaMega Fund
Holdings as of April 20

Ticker	Shares	Closing Price
AAA	10,000	50
BIG	20,000	20
MMB	7,500	95
TREE	8,000	70
WWW	4,000	125
Cash	$ 20,000

Assuming there are 200,000 shares outstanding, What the NAV of MegaMega?
During the Day, new investors placed orders to invest $100,000 in MegaMega. Does this affect the NAV? Explain.

The following table contains the holdings of MegaMega at the close on April 21. What is the NAV of MegaMega

MegaMega Fund
Holdings as of April 21

Ticker	Shares	Closing Price
AAA	10,000	53
BIG	20,000	19
MMB	7,500	96
TREE	8,000	73
DOG	2,500	35
WWW	4,000	124
Cash	$ 32,500

Expert Solution

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jeff jeffy answered 3 years ago

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