Arthur bought 100 units in the ABC Segregated Fund in 2011, which has a 100% maturity guarantee, at a price of $16.00 per unit. At maturity in 2021, he reset the net asset value (NAV) per unit at $17.50. At maturity in 2031, the fund's market value was $17.00. How much will he receive from the issuer?  

Answer rating: 100% (QA)

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