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The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 39 B 260,000 68 C 420,000 40 D 480,000

The composition of the Fingroup Fund portfolio is as follows:

Stock Shares Price

A 200,000 $ 39

B 260,000 68

C 420,000 40

D 480,000 35

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $58,000. There are 4.6 million shares outstanding.

What is the net asset value of the fund? (Round your answer to 2 decimal places.)

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