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investments 345 Question 2 20 pts A close-end fund has $81M in assets, $4M in debt, and 176M shares outstanding. What is the NAV? NAV

investments 345

Question 2 20 pts A close-end fund has $81M in assets, $4M in debt, and 176M shares outstanding. What is the NAV? NAV for open-end and closed-end funds are calculated the same way. {Give your answer in $ with 2 decimals

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