Suppose you purchase $7,000$ shares of a closed$-$end mutual fund at its initial public offering; the offer price is $$10$ per share. The offering prospectus discloses that the fund promoter gets a fee of $4$ percent from the offering. If this fund sells at a discount of $6$ percent to NAV the day after the initial public offering, what is the value of your investment? $($Do not round intermediate calculations. Round your answer to the nearest whole number.$)$

Investment value