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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 12,500 $ 85 B 33,000 14 20,000 63 68,000 22 If there

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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 12,500 $ 85 B 33,000 14 20,000 63 68,000 22 If there are 50,000 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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