After investing in 200 shares of stock X at $300 per share,…
After investing in 200 shares of stock X at $300 per share, 500 shares of stock Y at $2,400, and 300 shares of stock Z priced at $344, an open-end mutual fund is left with $36,800 in cash. The open-end mutual fund itself has issued 75,000 shares. If the fund has no liabilities, calculate the NAV. [Do not type your answer in Canvas]
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