What is the net asset value of the fund

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The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 370,000 $35 B 470,000 40 C 570,000 10 D 770,000 15 The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $30,000. There are 3 million shares outstanding. What is the net asset value of the fund?

Reference no: EM131059875

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