Question: The ABC mutual fund is a open end fund which means it needs to calculate it's NAV ( Net Asset Value ) at the end

The ABC mutual fund is a open end fund which means it needs to calculate it's NAV (Net Asset Value) at the end of each day. Today the fund has assets that have a total value of $609 millions and the fund has liabilities of $44 millions. There are currently 100 million shares of the fund. What is the NAV for ABC mutual fund. (Round your answer to 2 decimal places)
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