Explain what happens to the nav of a growth mutual fund


Explain what happens to the NAV of a growth mutual fund (with 1 million share: outstanding) in the future if it now buys 100,000 Google July 720 calls for a premium of 18 if Google's stock price rises in the future to $755 by July 2016

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Financial Management: Explain what happens to the nav of a growth mutual fund
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