The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $35 B
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The composition of the Fingroup Fund portfolio is as follows:
Stock Shares Price A 200,000 $35 B 300,000 40 C 400,000 20 D 600,000 25 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?
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