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SuperDuper Mutual Fund has assets of $260 million, liabilities of $10 million and 20 million shares oustanding. Based on this information, what is the fund's
SuperDuper Mutual Fund has assets of $260 million, liabilities of $10 million and 20 million shares oustanding. Based on this information, what is the fund's NAV per share?
A) $12.00 | ||
B) $12.50 | ||
C) $24.00 | ||
D) $25.00 |
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