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1.-Calculate the NAV of the following fund, assuming 6,500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock A

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1.-Calculate the NAV of the following fund, assuming 6,500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock A climbs to $25. Stock Shares owned price A 500 $5 B 666 $60 C 999 $50 Cash n.a. $5000 a) Will the NAV increase or decrease? Why? b) Calculate your return on your investment given the change in NAV (the change takes place in the period of one year)

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