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Assume that you have recently purchased 120 shares in an investment company. Upon examining the balance sheet, you note that the firm is reporting $300

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Assume that you have recently purchased 120 shares in an investment company. Upon examining the balance sheet, you note that the firm is reporting $300 million in assets, $90 million in liabilities, and 12 million shares outstanding. What is the net asset value (NAV) per share

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