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Scenario: Suppose on Tuesday an open mutual fund contains 2,500 shares of Tesla trading at $240 per share, 3,000 shares of TJX Companies at $55

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Scenario: Suppose on Tuesday an open mutual fund contains 2,500 shares of Tesla trading at $240 per share, 3,000 shares of TJX Companies at $55 per share, and 4,200 shares of Bank of America trading $30 per share. The fund has 100,000 shares outstanding. What is the NAV on Tuesday? $0.11 $14.58 $8.91 $0.10

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