Similar to calculate the net asset value nav for a mutual, Financial Management

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Similar to calculate the net asset value nav for a mutual

(similar to) Calculate the net asset value? (NAV) for a mutual fund with the following? values: Market value of securities held in the portfolio ?= ?$1.2 billion Liabilities of the fund ?= ?$49 million Shares outstanding ?= 55 million The net asset value? (NAV) per share is ?$nothing.? (Round to the nearest? cent.) Enter your answer in the answer box and then click Check Answer. All parts showing

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