Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $14,80. He...

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Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $14,80. He called Fidelity and asked how the NAV was calculated. Fidelity gave him the following information: Current market value of fund investment Current liabilities Number of shares outstanding Did Fidelity provide Louis with the correct information? $8,710,000 $ 940,000 525,000 Louis Hall read in the paper that Fidelity Growth Fund has an NAV of $14,80. He called Fidelity and asked how the NAV was calculated. Fidelity gave him the following information: Current market value of fund investment Current liabilities Number of shares outstanding Did Fidelity provide Louis with the correct information? $8,710,000 $ 940,000 525,000