Consider the Defiance Bond Fund that consists of the three bonds shown below and has no liabilities. If initially the value of the fund was $250,000 and the original shares were offered to the public with a NAV of $25 per share, what is the current NAV of the fund?

Question

Consider the Defiance Bond Fund that consists of the three bonds shown below and has no liabilities.  If initially the value of the fund was $250,000 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 the Defiance Bond Fund that consists of the three bonds shown below and has no liabilities.  If initially the value of the fund was $250,000 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 the Defiance Bond Fund That Consists of the Three