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Calculate the net asset value for the following mutual funds Junk Foods Mutual Fund has combined assets of,500,000 and combined debt of 59, 350, 000.

Calculate the net asset value for the following mutual funds

Junk Foods Mutual Fund has combined assets of,500,000 and combined debt of 59, 350, 000. The fund has sold approximately 3, 000, 000 shares. What is the net asset value (NAV) for Junk Foods Mutual Fund?

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