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Verysmall Mutual Fund has sold a total of 13,000 of its own shares to customers. What is Verysmall Mutual Fund's net asset value (NAV) if
Verysmall Mutual Fund has sold a total of 13,000 of its own shares to customers. What is Verysmall Mutual Fund's net asset value (NAV) if its investment portfolio is comprised of the following three investments: - 1,000 shares of General Mills (GIS, current price is $60 per share) - 3,000 shares of Bank of America Corp (BAC, current price is $37 per share) - 2,500 shares of United Airlines Holdings (UAL), current price is $44 per share) Over $40 Between $20 and $25 Less than $20 Between $25 and $30 Between $30 and $40
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