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Question
An open end mutual fund owns 1500 share of Crispy Creme priced at $12. The fund also owns 1000 shares of Bem & Jarry's priced at $43, and 2000 shares of Pepsi priced at $50. The fund itself has 3500 of its own shares outstanding. What is the NAV of a fund's share?a. $66
b. $56
c. $46
d. $36
e. $26
Answer
This answer is hidden. It contains 3 characters.
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