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OpenStudy (anonymous):
Mutual fund has invested 100 ounce of gold. The total number of shares is 100 and you only buy one share. Whats the value of this share is the gold price in US$1800 per ounce ?
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OpenStudy (anonymous):
$1800
OpenStudy (anonymous):
It is worth less than 1800 because you need to subtract management fees
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