Suppose Under Mutual Fund Owns Only the 3 Stocks Shown

question 90

Multiple Choice

Suppose Under Mutual Fund owns only the 3 stocks shown below with no liabilities.
$$\begin{array} { c c c } \text { Stack } & \text { dhares } & \text { PriEe } \\\hline \mathbf { A } & 2900 & 15 \\\mathrm {~B} & 3100 & 14 \\\mathrm { C } & 3200 & 12\end{array}$$
The fund originated by selling $500,000 of stock at $50.00 per share.What is its current NAV?

• A) $12.53
• B) $15.29
• C) $152.90
• D) $125.30
• E) None of the above

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