Question: An open - end mutual fund owns 1 , 5 0 0 shares of Krispy Kreme priced at $ 1 2 . The fund also

An open-end mutual fund owns 1,500 shares of Krispy Kreme priced at $12. The fund also owns 1,000 shares of Ben & Jerry's priced at $43 and 2,000 shares of Pepsi priced at $50. The fund itself has 3,500 of its own shares outstanding. Assume that the fund's liabilities are zero. What is the net asset value (NAV) of this mutual fund?
$11.14
$35.00
-$35.78
$35.78
$46.00
 An open-end mutual fund owns 1,500 shares of Krispy Kreme priced

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