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QUESTIONS Suppose Purple Mountain mutual fund holds the following long positions: Shares owned Company Ticker Stock price Mkt Val 42,000 Facebook FB $ 282.90 S

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QUESTIONS Suppose Purple Mountain mutual fund holds the following long positions: Shares owned Company Ticker Stock price Mkt Val 42,000 Facebook FB $ 282.90 S 11,881,800 4,500 Google GOOG 1,826,45 8,219,025 5,600 Amazon AMZN 3,181.79 17,818,024 125,000 Kellogg's K 62.43 7,803,750 58,000 McDonalds MCD 212.44 12,321,520 The fund has liabilities of $980,119 and 700,000 shares outstanding. If the above holdings represent the entire portfolio, what is the Net Asset Value (NAV) per share

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