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Question 48 A mutual fund has an NAV of $8.10 and 325 shares outstanding. The average daily volume traded is 650 shares. What is the

Question 48

A mutual fund has an NAV of $8.10 and 325 shares outstanding. The average daily volume traded is 650 shares. What is the total market value of the fund?

Group of answer choices

a. $5,265.00

b. cannot be determined

c. $2,492.30

d. $2,632.50

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