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Question
An open-end mutual fund owns 1500 share of Krispy Kreme priced at $12. The fund also owns 1,000 shares of Ben & Jerry's priced at $43, and 2,000 shares of Pepsi priced at $50. The fund itself has 3,500 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 51 characters.
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