Question
A mutual fund has 450 shares of General Electric, currently trading at $17, and 450 shares of Microsoft, Inc., currently trading at $25. The fund
A mutual fund has 450 shares of General Electric, currently trading at $17, and 450 shares of Microsoft, Inc., currently trading at $25. The fund has 1,000 shares outstanding. |
A. What is the NAV of the fund?
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