4. Calculate the NAV of the following fund, assuming 3,500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock C climbs to .

Stock Shares owned Price A 500 B 6,000 C 3,000 Cash n.a. $2, 347, 000, 000 $18, 580, 000 $33.41 $5.74 $65.10 $12.4 $4, 368.40