Question: Calculate the net asset value per share (NAVPS) for a mutual fund with the following values. Market value of securities in the portfolio $1.7

Calculate the net asset value per share (NAVPS) for a mutual fund

Calculate the net asset value per share (NAVPS) for a mutual fund with the following values. Market value of securities in the portfolio $1.7 billion Liabilities of the fund $32.7 million Shares outstanding 49 million The NAVPS for this mutual fund is $ (Round your answer to the nearest cent.)

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