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The market value of the portfolio of a mutual fund is $2,000,000 and its liabilities are $150,000. There are 50,000 shares outstanding. Compute the Net

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"The market value of the portfolio of a mutual fund is $2,000,000 and its liabilities are $150,000. There are 50,000 shares outstanding. Compute the Net Asset Value per share of the fund." $40 $39 $38 $37

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