Question

An open-end mutual fund has the following stocks: Stock Shares Stock Price A 8,500 $ 93...

An open-end mutual fund has the following stocks:

Stock Shares Stock Price
A 8,500 $ 93
B 33,000 22
C 6,000 79
D 81,000 11

If there are 55,000 shares of the mutual fund, what is the NAV?

Net asset value:

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