Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $13.94. He called Fidelity and asked how the Fidelity gave him the following information: Current market value of fund investment Current liabilities Number of shares outstanding Did Fidelity provide Louis with the correct information? Yes O No $ 8,780,000 $ 975,000 560,000

Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $13.94. He calied Fidelity and Fidelity gave him the following information: Did Fidelity provide Louis with the correct information? Yes No