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The composition of the Fingroup Fund portfolio is as follows: StockSharesPrice A. 310,000 $35 B. 410,000$40 C. 510,000$15 D. 710,000$20 The fund has not borrowed

The composition of the Fingroup Fund portfolio is as follows:

StockSharesPrice

A. 310,000 $35

B. 410,000$40

C. 510,000$15

D. 710,000$20

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $35,000. There are 5 million shares outstanding. What is the net asset value of the fund?(Round your answer to 2 decimal places.)

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