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2. A Denver mutual fund has the following assets and prices at 4:00 p.m. (EST): Stock Shares owned Price 1 2,000 $10.97 2 5,000 $44.26

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2. A Denver mutual fund has the following assets and prices at 4:00 p.m. (EST): Stock Shares owned Price 1 2,000 $10.97 2 5,000 $44.26 3 1,000 $26.44 4 10,000 $64.49 The company also has $6,000 cash and a liability of $3.000. Calculate the net asset value (NAV) per share for the fund, if fund has 10,000 shares outstanding

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