Multiple Choice
A mutual fund has 2,000 shares of stock at a price of $70 and 6,000 shares of another stock at a price of $30. If the fund has an NAV of $17.10, how many shares of the mutual fund are outstanding?
A) 8,000
B) 16,242
C) 18,713
D) 17,626
E) 19,853
Correct Answer:
Verified
Correct Answer:
Verified
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