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Calculating NAV A fund has a market value of securities of $ 9 6 5 million, cash and receivables of $ 5 3 million, current

Calculating NAV A fund has a market value of securities of $965 million, cash and receivables of $53 million, current liabilities of $47 million and has 26 million fund shares outstanding. What is the fund's NAV per share? Multiple Choice $39.55 $39.15 $40.96 $37.35

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