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    Fundamentals of Investments
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    Exam 5: Mutual Funds
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    A Mutual Fund Has Total Net Assets of $3
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A Mutual Fund Has Total Net Assets of $3

Question 42

Question 42

Multiple Choice

A mutual fund has total net assets of $3.2 million and 150,000 shares. What as the NAV of the fund?


A) $21.20
B) $21.33
C) $21.67
D) $21.89
E) $21.97

Correct Answer:

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