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Question 6 10 pts An open-ended mutual fund has stocks of three companies: 200 shares of IBM currently valued at $50.00, 100 shares of GE

Question 6 10 pts An open-ended mutual fund has stocks of three companies: 200 shares of IBM currently valued at $50.00, 100 shares of GE currently valued at $20 and 100 shares of Digital currently valued at $30. The fund has 500 shares outstanding and no liabilities. What is the net asset value (NAV) of the fund? $37.50. $12.00. $60.00 $120.00. $30.00

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