A mutual fund has 100 shares of abc company that currently


A mutual fund has 100 shares of ABC Company that currently trade at $12 per share and 200 shares of XYZ Company that trade at $8 per share. If the fund has 50 shares, and the liability worth $500 what is the net asset value of the fund?

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Finance Basics: A mutual fund has 100 shares of abc company that currently
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