1. Assume you have a mutual fund portfolio with the following stocks and 50,000 shares outstanding. Please calculate the NAV in dollars per share.
2. Using the information from the prior question, please recalculate the NAV in dollars per share if the fund also held $200,000 in cash.
3. Using the information in the prior two problems (the shares and the cash) if the fund also had $100,000 in debt outstanding, what would be the NAV of the fund in dollars per share?

\begin{tabular}{|c|c|c|} \hline Stock & Shares & Share Price \\ \hline Amazon & 400 & $121 \\ \hline Apple & 500 & $171 \\ \hline ExxonMobil & 1,000 & $108 \\ \hline Chipotle & 300 & $1,842 \\ \hline Netflix & 800 & $411 \\ \hline Berkshire Hathaway & 2 & $512,400 \\ \hline \end{tabular}