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Homework answers / question archive / Dhaka Mutual Fund has 10 million shares issued to its investors
Dhaka Mutual Fund has 10 million shares issued to its investors. It used the proceeds to buy stocks of 100 different firms listed on the DSE. Consider the following information for today: (i) total market value of shares = Tk500 million, (ii) dividends received = Tk5 million, and (iii) Expenses incurred = Tk10 million. Ignoring transaction costs, at what price can investors purchase shares or can sell shares back to the mutual fund?