What is net asset value of the fund-stock shares price

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Reference no: EM131255857

The composition of the Fingroup Fund portfolio is as in Table 1. The has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $30,000. There are 4 million shares outstanding. What is the net asset value of the fund?

Stock Shares Price($)

A 200,000 35

B 300,000 40

C 400,000 20

D 600,000 25

Reference no: EM131255857

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