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You want to purchase shares of the HSB fund, which has an offer price of $30.45. HSB is a load fund and has a front

You want to purchase shares of the HSB fund, which has an offer price of $30.45. HSB is a load fund and has a front end load of 2.94 percent. What is the net asset value of HSB? Answer should be formatted as a number with 2 decimal places (e.g. 99.99)

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