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A mutual fund has total assets of $55,000,000 and total liabilities of $4,000,000. There are 1,900,000 shares outstanding. Find the net asset value of the

A mutual fund has total assets of $55,000,000 and total liabilities of $4,000,000. There are 1,900,000 shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.)

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