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Suppose Under Mutual Fund owns only the three stocks shown below with no liabilities. Stock Shares Price A 2900 15 B 3100 14 C 3200
Suppose Under Mutual Fund owns only the three stocks shown below with no liabilities.
Stock | Shares | Price |
A | 2900 | 15 |
B | 3100 | 14 |
C | 3200 | 12 |
The fund has 10,000 shares outstanding. What is its current NAV?
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