Exhibit 17-1
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 6

Multiple Choice

Exhibit 17-1
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
Suppose ABC Mutual fund owned only 4 stocks as follows: $$\begin{array} { c c c } \text { Stack } & \text { Shares } & \text { Price } \\\hline W & 2500 & \$ 11 \\\mathbf { X } & 2100 & 14 \\\mathbf { Y } & 2700 & 23 \\Z & 1900 & 15\end{array}$$
-Refer to Exhibit 17-1. 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