The composition of the fingroup fund portfolio is as


Question: The composition of the Fingroup Fund portfolio is as follows:

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The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $30,000. There are 4 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places. Omit the sign in your response.)

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Finance Basics: The composition of the fingroup fund portfolio is as
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