If a mutual fund has an NAV of $100 million, and investors own $10,000,000 of fund’s shares, the funds per share value will be:
A. $100
B. $1
C. $10
D. None of these
If a mutual fund has an NAV of $100 million, and investors own $10,000,000 of fund’s shares, the funds per share value will be:
A. $100
B. $1
C. $10
D. None of these