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On February 20, 2020, the market value of the investments contained in the National Investment Fund, a mutual fund, was $30,800,000. Liabilities for the fund

On February 20, 2020, the market value of the investments contained in the National Investment Fund, a mutual fund, was $30,800,000. Liabilities for the fund were $2,772,000. If the fund had 1,760,000 shares outstanding, calculate the net asset value per share. Round your answer to the nearest cent.

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