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The Market Stability Fund owns three stocks: 9,000 shares of stock A at $35 per share, 7,600 shares of stock B at $48 per share,

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The Market Stability Fund owns three stocks: 9,000 shares of stock A at $35 per share, 7,600 shares of stock B at $48 per share, and 2,400 shares of stock C at $67 per share. If the fund has liabilities of $5,000 and has 70,200 shares outstanding. What is the NAV? a. $15.47 b. $16.02 c. $14.88 d. $11.90 e. $15,95

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