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Assume that you have recently purchased 200 shares in an investment company. Upon examining the balance sheet, you note that the firm is reporting $310

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Assume that you have recently purchased 200 shares in an investment company. Upon examining the balance sheet, you note that the firm is reporting $310 million in assets, $40 million in liabilities, and 20 million shares outstanding. What is the net asset value (NAV) of these shares? Multiple Choice O $17.50 0 $15.25 0 $13.50 0 $135 $1.35

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