Question: Question 7 (1.25 points) Consider a no-load mutual fund with $325 million in assets, 45 million in debt, and 16 million shares at the start

 Question 7 (1.25 points) Consider a no-load mutual fund with $325

Question 7 (1.25 points) Consider a no-load mutual fund with $325 million in assets, 45 million in debt, and 16 million shares at the start of the year and with $457 million in assets, 40 million in debt, and 19 million shares at the end of the year. What are the NAV at the beginning and the end of the year, respectively? a) $18.42 and $28.75 b) $18.42 and $24.12 c) $21.875 and $24.21 d) $17.50 and $21.95 e) $21.875 and $28.75

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