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A mutual fund owns 200 shares of Stock A, worth $44.22 per share and 300 shares of Stock B, worth $75.49 per share. The fund

A mutual fund owns 200 shares of Stock A, worth $44.22 per share and 300 shares of Stock B, worth $75.49 per share. The fund pays analysts a total of $400 in salaries and has overhead of $300. If the fund has issued 50 shares, what is the NAV?

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$783.81

$448.82

$615.82

$500.38

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