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A mutual fund owns 500 shares of Coca Cola and 2,000 shares of Home Depot. The fund has 10,000 shares outstanding. Stock prices for Day

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A mutual fund owns 500 shares of Coca Cola and 2,000 shares of Home Depot. The fund has 10,000 shares outstanding. Stock prices for Day 1 and Day 2 are given below. At the end of Day 1 , the fund issues 2,000 new shares to investors at the NAV. The fund manager invests the additional capital into only Coca Cola Stock. Given the stock prices below, what can you conclude about the fund's NAV at Day 2 ? There is not information to solve this problem The NAV will remain the same from Day 1 to Day 2 The NAV will decrease from Day 1 to Day 2 The NAV will increase from Day 1 to Day 2

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