Question: Calculate the net asset value (NAV) for a mutual fund with the following values: Market Value of securities held in the portfolio = $6.1 billion

Calculate the net asset value (NAV) for a mutual fund with the following values:

Market Value of securities held in the portfolio = $6.1 billion

Liabilities of the fund = $171 million

Shares outstanding = 287 million

The NAV of the mutual fund is $ Per share

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