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What is the net asset value of the fund

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Reference no: EM132860412

Question - Sheridan Fund has 9.7 million shares outstanding. The fund's portfolio is now valued at $307 million and the fund owes $21.5 million to the fund advisors and $5.7 million for rent and wages. What is the net asset value of the fund?

a. $31.06

b. $33.28

c. $28.85

d. $29.43

Reference no: EM132860412

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