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Investments in a mutual fund have a current market value of $679 million. The mutual fund's liabilities total $19 million. If this mutual fund has

Investments in a mutual fund have a current market value of $679 million. The mutual fund's liabilities total $19 million. If this mutual fund has 40 million shares, what is the net asset value per share?

  • None of these is correct.

  • $16.98

  • $0.48

  • $16.50

  • $17.45

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