Question: Suppose an open-end mutual fund owns securities whose value is $10,000,000, the fund has expenses of $10,000, and has 100,000 shares outstanding. Then the Net

Suppose an open-end mutual fund owns securities whose value is $10,000,000, the fund has expenses of $10,000, and has 100,000 shares outstanding. Then the Net Asset Value (NAV) of each mutual fund share is . . .

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