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Suppose the market value of assets of a mutual fund is $60 million and the fund owes $6 million for various liabilities and expenses. The

Suppose the market value of assets of a mutual fund is $60 million and the fund owes $6 million for various liabilities and expenses. The number of shares outstanding is 9 million. What is the NAV of this fund? $6.67 $10 $7.33 $6

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