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The composition of the Fingroup Fund portfolio is as follows: Required: The fund has not borrowed any funds, but its accrued management fee with the

image text in transcribed The composition of the Fingroup Fund portfolio is as follows: Required: The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $35,000. There are 4 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places.)

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