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An open-end mutual fund has the following stocks: The fund has 70,000 shares and liabilities of $185,000. What is the NAV of the fund? (Do

An open-end mutual fund has the following stocks: The fund has 70,000 shares and liabilities of $185,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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