Exhibit 24.1 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 14

Multiple Choice

Exhibit 24.1
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Suppose ABC Mutual fund owned only 4 stocks as follows:

-Suppose Mega Mutual Fund owns only the 4 stocks shown below with no liabilities. The fund originated by selling $300,000 of stock at $30.00 per share. What is its current NAV?

• A)$106.10
• B)$12.94
• C)$129.40
• D)$10.61
• E)None of the above

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Definitions:

Cost Per Unit

The costs incurred to produce, purchase, or manufacture one unit of a product, considering all relevant expenses.

Quantity Of Direct Materials

The amount of raw materials used in the production process that can be directly attributed to the final product.

Standards

Established norms or requirements in various fields that act as guidelines for achieving consistency, quality, and compatibility.

Budgets

A financial plan for a defined period, outlining expected revenues and expenditures.