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ABC Growth Fund currently owns securities worth $500 million. The fund has $10 million in annual expenses. If the fund currently has 20 million shares
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ABC Growth Fund currently owns securities worth $500 million. The fund has $10 million in annual expenses. If the fund currently has 20 million shares outstanding, what is its net asset value (NAV)?
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$22.00
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$23.75
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$24.50
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$25.00
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