USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 71

Multiple Choice

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

-Refer to Exhibit 24.1. The fund originated by selling $100,000 of stock at $10.00 per share. What is its current NAV?

• A) $1.47
• B) $14.75
• C) $16.03
• D) $27.62
• E) $234.12

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Definitions:

Specific Year

A specific year refers to a particular 12-month period used for referencing or analysis in historical, economic, or other contexts.

Papal Tiara

A crown that was worn by popes of the Catholic Church as a symbol of their authority, until the latter half of the 20th century.

Barberini

An influential Italian noble family, known for their patronage of the arts and involvement in ecclesiastical and political affairs during the 17th century.

Pietro Da Cortona

An influential Italian Baroque painter and architect known for his dynamic compositions and decorative frescoes.