On January $3$ the prices at $4$:$00$ p$.$m$.$ are as follows:

Stock Shares owned Price

$11,000$ $$1\mathrm{.}92$

$25,000$ $$51\mathrm{.}18$

$32,800$ $$29\mathrm{.}08$

$49,900$ $$67\mathrm{.}19$

$53,000$ $$4\mathrm{.}51$

Cash n$.$a$.$ $$5,353\mathrm{.}40$

Calculate the new NAV.

Unhappy with the results, the new investor then sells

the $389\mathrm{.}09$ shares. What is his profit? What is the new

fund value?