The Emerging Growth and Equity Fund is a "low-load" fund. The current offer price quotation for this mutual fund is $29.24, and the front-end load is 1 percent. 1. What is the NAV? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Net asset value 2. If there are 11.5 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 EA $