Question: Problem 17-01 Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock Shares Price Market Value 1,100 1,400 1,700 $13,200

 Problem 17-01 Suppose ABC Mutual Fund had no liabilities and owned

Problem 17-01 Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock Shares Price Market Value 1,100 1,400 1,700 $13,200 25,200 35,700 15,200 $89,300 800 The fund began by selling $54,000 of stock at 9.00 per share. What is its NAV? Do not round intermediate calculations. Round your answer to the nearest cent

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