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The investments in the Alamo Basics Contingency Fund have a current market value of $51.09 million. The fund also has liabilities that total $34.91 million.
The investments in the Alamo Basics Contingency Fund have a current market value of $51.09 million. The fund also has liabilities that total $34.91 million. If this mutual fund has 41.8 million shares, what is the net asset value per share? State your answer in millions of dollars to two decimal places (e.g. 156,230,000 = 156.23).
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