Calculation and Analysis Problems For the calculation and analysis problems, please show all work to...
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Calculation and Analysis Problems For the calculation and analysis problems, please show all work to receive credit. Provide analysis of your results when necessary. 1.) (10 points) The composition of a specific mutual fund portfolio is as follows: Stock A B Shares 10,000,000 16,000,000 24,000,000 Price per Share $60 $35 $16 The fund has not borrowed any money, but has accrued management fees over the last year totaling $5,000,000. There are currently 30 million mutual fund shares. A.) What is the net asset value of the fund? B.) If during the year the fund manager sells all 24,000,000 shares of stock C and then replaces them with 9,600,000 shares of stock D at $40.00 per share, what is the portfolio turnover rate of the fund for the year
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