The NAV of the mutual fund's portfolio given the value of the assets, liabilities and the shares outstanding is $16.53.
NAV means net asset value. It is the intrinsic value of a stock. NAV can be determined by dividing the differerence between assets and liabilties by the shares outstanding.
NAV = (assets - liabilities) / shares outstanding
(500 - 6) 30 = $16.53
