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Business, 07.10.2019 17:30 jerria73

Assume that you have recently purchased 100 shares in an investment company. upon examining the balance sheet, you note that the firm is reporting $225 million in assets, $30 million in liabilities, and 10 million shares outstanding. what is the net asset value (nav) of these shares?
a. $25.50
b.$22.50
c. $19.50
d.$1.95

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