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22-07-2016
Business

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The capitalist mutual fund's portfolio is valued at $45 million. the fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. what is the fund's net asset value?
a. $100
b. $26.25
c. $52.50
d. $3.75

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takemyword takemyword

22-07-2016

b. $26.25............

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