Multiple Choice
A mutual fund has 10,000 shares of Stock D at a price of $34 and 15,000 shares of Stock E at a price of $41. The fund has liabilities of $87,000 and a NAV of $41.05. How many shares of the fund are outstanding?
A) 20,612
B) 23,246
C) 24,324
D) 21,145
E) 18,306
Correct Answer:
Verified
Correct Answer:
Verified
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