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2. 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

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2. 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 $33.41. Stock Shares owned price A 500 $5.74 B 6,000 $65.10 3,000 $12.04 Cash n.a. $4,368.40 a) Will the NAV increase or decrease? Why? b) Calculated your return on your investment given the change in NAV

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