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A mutual fund has $100,000 invested in stocks, $20,000 in cash, and $5,000 in liabilities. The number of shares outstanding for the mutual fund is

A mutual fund has $100,000 invested in stocks, $20,000 in cash, and $5,000 in liabilities. The number of shares outstanding for the mutual fund is 1,000 shares. What is the NAV? 75 110 100 115

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