solve both for like

4. A mutual fund had year-end assets of $457 million and liabilities of $17 million. There were 24.3 million shares outstanding at year-end. What is the fund's net asset value? a. $18.11 b. $18.81 C. $69.69 d. $7.00 Host actively-managed mutual funds, when compared to market index such as the ilshire 5000: a. Beat the market return in all years b. Beat the market return in most years - Exceed the return on index funds . Do not outperform the market return