DSD open-end mutual fund contains the following assets as of end of day March 1, 2XX1:

Stock Name	Shares	Price/sh.
RDC Corp	10,000	$24
Jada Inc.	25,000	$16.50
Weller Inc.	12,000	$32.30

The mutual fund has no liabilities and 20,000 shares outstanding held by investors.

1) What is the funds NAV at days end March 1, 2XX1?

Tomorrow, March 2, 2XX1 the fund contains the following:

Stock Name	Shares	Price/sh.
RDC Corp	12,000	$24.50
Jada Inc.	25,000	$17
Weller Inc.	11,000	$30

The mutual fund has no liabilities and 22,000 shares outstanding held by investors.

2) What is the funds NAV at days end March 2, 2XX2?

	A.	1) $52.005 2) $47.682
	B.	1) $47.682 2) $52.005
	C.	1) $51.005 2) $48.682
	D.	1) $48.682 2) $51.005