emily91185 emily91185

02-11-2026
Mathematics

Answered

Rochelle invests in 500 shares of stock in the fund shown below.

Name of Fund NAV Offer Price

HAT Mid-Cap \$18.94 \$19.14

Rochelle plans to sell all of her shares when she can profit $\$ 6,250$. What must the net asset value be in order for Rochelle to sell?

A\$12.50
B\$31.44
C\$31.64
D\$100.00

Verified Answer :

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