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2 value: 10.00 points Calculating Net Asset Value 2 The composition of the Fingroup Fund portfolio is as follows Stock Shares Price 340,000 440,000 540,000
2 value: 10.00 points Calculating Net Asset Value 2 The composition of the Fingroup Fund portfolio is as follows Stock Shares Price 340,000 440,000 540,000 740,000 $35 40 20 25 The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $50,000. There are 4 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places.) Net asset value
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