The Emerging Growth and Equity Fund is a "low-load fund. The current offer price quotation for this mutual fund is $29.49, and the front-end load is 1.25 percent. What is the NAV? (Round your answer to 2 decimal places. Omit the "$" sign in your 1. response.) Net asset value 2. If there are 13.9 million shares outstanding, what is the current market value of assets owned by the fund? (Omit the "$" sign in your response.) Market value of assets