An open-end mutual fund has the following stocks:
Stock Shares Stock Price
A 13,500 $83
B 33,000 16
C 20,000 59
D 71,000 21
There are 65,000 shares of the mutual fund, and liabilities of $215,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Net asset value
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