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Suppose that today 1,000 additional investors buy one share each of the mutual fund at the NAV of $35.385. This means that the fund manager

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Suppose that today 1,000 additional investors buy one share each of the mutual fund at the NAV of $35.385. This means that the fund manager has $35,385 in additional funds to invest. The fund manager decides to use these additional funds to buy additional shares in JPMorgan Chase. Calculate tomorrows NAV given the same rise/fall in share values as assumed in part (b).

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