Mutual fund WXY owns 100 shares of firm a, 4,000 shares firm B, 500 shars firm C.
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Question:
Question One: What is the NAV of mutual fund WXY today?
Question Two: Tomorrow- price of firm A= $51 per share, price of firm B= $105 per share, price of firm C= $19 per share. What is the NAV of the mutual fund tomorrow?
Question Three: What is the return on the WXY mutual fund from today to tomorrow?
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