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Assume that you have just purchased some shares in an investment company reporting 14) $805 million in assets, $35 million in liabilities, and 35 million

  1. Assume that you have just purchased some shares in an investment company reporting 14) $805 million in assets, $35 million in liabilities, and 35 million shares outstanding. What is the net asset value (NAV) of these shares?

    A) $24 B) $23 C) $1 D) $22

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