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The ABC fund, a close end fund, consist of three securities- 1000 shares of Security A, which is currently trading at $35; 2000 shares of
The ABC fund, a close end fund, consist of three securities- 1000 shares of Security A, which is currently trading at $35; 2000 shares of Security B, which is trading at $45; and 3000 shares of Security C, which is trading at $55;
What is ABC funds' NAV if has $87 000 in net liabilities and 10 000 shares outstanding?
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