Find the NAV Amount from the Previous Day, Given the Following

question 5

Short Answer

Find the NAV amount from the previous day, given the following from a Mutual Fund Quotation:
$\begin{array}{|l|l|l|l|}\hline&&\text { Net } & \text { YTD }\\\hline \text { Fund } & \text { NAV } & \text { Chg } & \% \text { Ret } \\\hline \text { BabyCon } & 28.2 & -0.25 & 5.2\\\hline\end{array}$

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Definitions:

Variables

Any factor, trait, or condition that can exist in differing amounts or types and can influence the outcome of experiments or studies.

Cause

A factor or event that brings about a specific effect, outcome, or result, often examined in contexts of cause and effect relationships.

Positively Correlated

A relationship between two variables where one variable increases as the other also increases.

Height

The measurement of someone or something from head to foot or from base to top.