A mutual fund had year-end assets of $437,000,000 and liabilities of $37,000,000. If the fund NAV was $60.12, how many shares must have been held in the fund?
A. 9,165,414
B. 10,165,476
C. 9,219,160
D. 8,412,642
E. 6,653,360
Answer: E
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