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An open-end mutual fund has the following stocks: Stock A B C D Shares 12,500 33,000 20,000 68,000 Stock Price $ 85 14 63 20

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An open-end mutual fund has the following stocks: Stock A B C D Shares 12,500 33,000 20,000 68,000 Stock Price $ 85 14 63 20 If there are 55,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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