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An open-end mutual fund owns 2,000 shares of Krispy Kreme priced at $15. The fund also owns 1,500 shares of Ben & Jerry's priced at
An open-end mutual fund owns 2,000 shares of Krispy Kreme priced at $15. The fund also owns 1,500 shares of Ben & Jerry's priced at $40, and 3,000 shares of Pepsi priced at $60. The fund itself has 5,400 of its own shares outstanding and total liabilities of $16,200. What is the NAV of a fund's share? a. $61 Ob.$47 OC. $42 O d.g - $50
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