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Suppose Mega Mutual Fund Owns Only the 4 Stocks Shown

Question 74

Multiple Choice

Suppose Mega Mutual Fund owns only the 4 stocks shown below with no liabilities.  Stack  Shares  Price  A 180015B220011C23009D190018\begin{array} { c c c } \text { Stack } & \text { Shares } & \text { Price } \\\hline \text { A } & 1800 & 15 \\B & 2200 & 11 \\\mathrm { C } & 2300 & 9 \\D & 1900 & 18\end{array} The fund originated by selling $300,000 of stock at $30.00 per share. What is its current NAV?


A) $106.10
B) $12.94
C) $129.40
D) $10.61
E) None of the above.

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