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Assume you just purchased shares in an investment company reporting $500M in assets and $50M in liabilities with 50M shares outstanding. What is the net
Assume you just purchased shares in an investment company reporting $500M in assets and $50M in liabilities with 50M shares outstanding. What is the net asset value (NAV) of these shares? A. $12 B. $9 C. $10 D. $1
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