The Jeremiah Wazan Enterprise Mutual Fund's Portfolio Is Valued at $125,000,000.The

Multiple Choice

The Jeremiah Wazan Enterprise Mutual Fund's portfolio is valued at $125,000,000.The fund has liabilities of $5,000,000, and the investment company sponsoring the fund has issued 2,000,000 shares.What is the fund's net asset value?

A) $125
B) $58
C) $50
D) $25
E) $60