Question: Question 4 (1 point) If a mutual fund had equity securities totaling $17,500,000, cash of $1,500,000, liabilities of $2,000,000, 3 million units outstanding and 5,000

Question 4 (1 point) If a mutual fund had equity securities totaling $17,500,000, cash of $1,500,000, liabilities of $2,000,000, 3 million units outstanding and 5,000 shareholders, what would the fund's NAVPS be? a) $5.17 b) $4.67 Oc) $5.67

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