Suppose NBT Mutual Fund Has No Liabilities and Owns Only

question 73

Multiple Choice

Suppose NBT Mutual Fund has no liabilities and owns only three stocks with the following number of shares and respective market prices. The fund originated by selling $500,000 of stock at $100.00 per share. What is its current NAV?

• A) $0.72
• B) $14.33
• C) $15.21
• D) $71.66
• E) $70.25

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Definitions:

Helplessness-Inducing Events

Situations or occurrences that lead to a state of feeling powerless or unable to control outcomes, contributing to psychological distress.

Exposure to Violence

The experience of witnessing or being subjected to violent acts, which can have psychological impacts.

Aggressive

The tendency to engage in behaviors or actions that intend to harm or assert dominance over others.

Violent Environment

A setting characterized by physical force intended to hurt, damage, or kill someone or something, affecting the well-being of individuals within it.