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The composition of the Fingroup Fund portfolio is as follows: Stock B c D Shares 320,000 420,000 520,000 720,000 Price $ 40 45 10 15
The composition of the Fingroup Fund portfolio is as follows: Stock B c D Shares 320,000 420,000 520,000 720,000 Price $ 40 45 10 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
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