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Net asset value (NAV) is the total value of all the assets in the mutual fund minus liabilities, divided by the number of shares outstanding.

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Net asset value (NAV) is the total value of all the assets in the mutual fund minus liabilities, divided by the number of shares outstanding. What is the NAV of a mutual fund with assets minus liabilities totaling $145 million and with 2,500,000 shares outstanding? (Assume there are no costs.) NAV

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