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Question
Consider a mutual fund with 100 shareholders who each invested $10 for a total of $1,000. If the assets of the mutual fund are worth $900, what is the net asset value for each one of the mutual fund shares?
A. $0.9.
B. $9.
C. $90.
D. $10.
E. $0.10.
Answer
This answer is hidden. It contains 86 characters.
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