MileHigh Mutual Fund contains the following stocks in its portfolio (the number of shares owned and the current market price per share for each company are shown as well). Cash on hand, which is the net of interest and dividends received less expenses is $5,295. MileHigh has issued 10,500 shares to its investors.

Calculate the net asset value (NAV) per share for MileHigh. Be sure to show your work. Stock # of Shares Price per share 1 1,000 $ 2.03 2 5,000 $51.37 3 2,800 $29.08 4 10,000 $67.19 5 3,000 $ 4.42