Question: Given the information below, calculate the net asset value for the New Empire small-cap mutual fund. Total assets.............................................$380,000,000 Total liabilities.............................................15,000,000 Total number of shares...................................25,000,000

Given the information below, calculate the net asset value for the New Empire small-cap mutual fund.
Total assets.............................................$380,000,000
Total liabilities.............................................15,000,000
Total number of shares...................................25,000,000

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