Chapter 4 1) (4 pts) Given the following data about XYZ Mutual Fund on Oct. 1: Liabilities: Assets: Accrued fees and expenses = $2,300 Cash = $40,000 1,000 Shares of Stock A: Closing Price = $30 2,000 Shares of Stock B: Closing Price = $40 1,000 Shares of Stock C: Closing Price =$50 Shares Outstanding = 3,500 Total Value of the Assets = $200,000 a) Compute the Net Asset Value of XYZ mutual Fund on Oct 1: NAV = b) If the stock price of A closes at $28 and the stock price of B closes at $43, and the Stock price of C closes at $51 on Oct. 2, what will be the new NAV of XYZ mutual fund on Oct 2? NAV =