The Pharoah Large-Cap Value Fund has total assets of $50 million, total liabilities of $450,000, and 5 million shares outstanding. If you bought shares in this fund one year ago when the net asset value was $8.25 per share, what was the annual percentage increase in the net asset value? (Round answers to 2 decimal places, e.g. 52.75.) tA 9.91 per share, or 20.12 % e Textbook and Media