Consider X Bond Fund which consists of the 5 bonds shown below with no liabilities.
$\begin{array}{lcc}
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100 \
\text { Smitsu } & 800 & 120 \
\text { Innes } & 600 & 150
\end{array}$
If initially the value of the fund was $1,000,000 and the original shares were offered to the public with a NAV of $25 per share,what is the current NAV of the fund?

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The Answer of Consider X Bond Fund which consists of the 5 bonds shown below with no liabilities.
$\begin{array}{lcc}
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100 \
\text { Smitsu } & 800 & 120 \
\text { Innes } & 600 & 150
\end{array}$
If initially the value of the fund was $1,000,000 and the original shares were offered to the public with a NAV of $25 per share,what is the current NAV of the fund?

Consider X Bond Fund Which Consists of the 5 Bonds