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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 7,000 $ 96 B 33,000 12 C 4,600 85 D 81,000 10

An open-end mutual fund has the following stocks:

Stock Shares Stock Price
A 7,000 $ 96
B 33,000 12
C 4,600 85
D 81,000 10

If there are 52,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Net asset value:

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