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Money
Market Funds. From Chapter 4,
complete Problem 4: The Aqua Liquid Assets Money Market Mutual Fund has a NAV
of $1 per share. During the year, the assets held by this fund appreciated by
2.5 percent. If you had invested $50,000 in this fund at the start of the year,
how many shares would you own at the end of the year? What will the NAV of this
fund be at the end of the year? Why? Remember to complete all parts of the
question, show your work, and report the results of your analysis. Respond to
at least two of your classmates’ postings outside of your own thread.
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