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e composition of the Fingroup Fund portfolio is as follows: Stock B Shares 200,000 290,080 405,000 650,000 Price $ 33 35 25 50 D The

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e composition of the Fingroup Fund portfolio is as follows: Stock B Shares 200,000 290,080 405,000 650,000 Price $ 33 35 25 50 D The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $36,000. There are 3.2 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places) Net ne value You purchased 1,000 shares of the New Fund at a price of $34 per share at the beginning of the year. You paid a front-end load of 3.4%. The securities in which the fund invests increase in value by 8% during the year. The fund's expense ratio is 1.4%. What is your rate of return on the fund if you sell your shares at the end of the year? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Rate of return %

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