A mutual fund holds two stocks. The number of shares of each stock is 18,000 and 25,000, at a price of $64 and $76, respectively. The fund has liabilities of $150,000 and 115,000 shares outstanding. What is the NAV per share? $25.23 $26.54 $12.21 $70.00 A mutual fund holds two stocks. The number of shares of each stock is 18,000 and 25,000, at a price of $64 and $76, respectively. The fund has liabilities of $150,000 and 115,000 shares outstanding. If this mutual fund has a front-end load of 5 percent, what is the offering price of the fund? $27.94 $26.56 $23.97 $66.50