Intro Silver Star's Foreign Markets fund has a portfolio of $300 million and liabilities of $5 million. The fund has sold 4 million shares to fund shareholders. Part 1 Attempt 1/10 for 10 pts. What is the net asset value (NAV) per share? 35 Correct Net asset value: NAV = Assets - Liabilities = 300 - 5 = 295 (million) Net asset value per share: NAV per share = NAV / Number of shares = 295 / 4 = 73.75 Part 2 - Attempt 5/10 for 4 pts. A large shareholder redeems 400,000 shares. What is the new NAV per share? 0+ decimals Submit