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Question 4 ( 1 point ) : The Mendoza Mutual Fund has assets of $ 8 5 0 million and liabilities of $ 7 .

Question 4(1 point): The Mendoza Mutual Fund has assets of $850 million and
liabilities of $7.5 million. There are 50 million shares outstanding. What is the fund's
NAV per share?
a. $9.68
b. $16.85
c. $17.38
d. $17.95
e. $18.32
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