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The composition of the Fingroup Fund portfolio is as follows: 320,000 40 420,000 45 520,000 10 720,000 15 The fund has not borrowed any funds,
The composition of the Fingroup Fund portfolio is as follows: 320,000 40 420,000 45 520,000 10 720,000 15 The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $40,000. There are 6 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places) Net asset value $ eBook & Resources
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