Consider the Defiance Bond Fund that consists of the 3 bonds shown below and has no liabilities. $\begin{array}{lcc}
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100
\end{array}$ 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 3 bonds shown below and has no liabilities. $\begin{array}{lcc}
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100
\end{array}$ 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 3