The All-Star Basic Value Fund's portfolio is valued at $384.2 million. The fund has liabilities of $6.8 million, and the investment company sponsoring the fund has issued 17,000,000 shares. What is the fund's net asset value (NAV)? (Round your answer to 2 decimal places.)

$16.90 NAV per share

$40.69 NAV per share

$17.00 NAV per share

$22.20 NAV per share

$23.00 NAV per share