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The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 39 B 272,000 50 C 414,000 34 D

The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 39 B 272,000 50 C 414,000 34 D 540,000 35 The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $37,000. There are 5.4 million shares outstanding. Required: What is the net asset value of the fund? Note: Round your answer to 2 decimal places. Net asset value S 8.76

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