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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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