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Super Tech, an open-end mutual fund, currently owns 3,000 shares of Micron Technology, 1,000 shares of Cognizant Technology, and 2,000 shares of Uber Technologies. The
Super Tech, an open-end mutual fund, currently owns 3,000 shares of Micron Technology, 1,000 shares of Cognizant Technology, and 2,000 shares of Uber Technologies. The three stocks are priced at $86.03, $81.82, and $35.74, respectively. The fund itself has 10,000 of its own shares outstanding. What is the NAV per share of Super Tech?
Select one:
a.
$48.69
b.
$41.14
c.
$53.71
d.
$37.80
e.
$46.25
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