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Please use this information for the next 5 questions, including this one. Open-end Fund A has 165 shares of ATT valued at $35 each and
Please use this information for the next 5 questions, including this one. Open-end Fund A has 165 shares of ATT valued at $35 each and 30 shares of Toro values at $75 each Closed-end Fund B has 75 shares of ATT and 72 shares of Toro. Both funds have 500 shares outstanding. What is the NAV of Fund A? Assume that another 155 shares of ATT valued at $35 (the original price) are added to Fund A. The cash needed to buy those shares is obtained by selling 676 more shares in Fund A. What is Fund A's resulting NAV, assuming the prices for ATT and Toro are the original prices
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