On February 9, 2020, the market value of the investments contained in the All Star Stock Fund, a mutual fund, was $21,200,000. Liabilities for the fund were $2,544,000.If the fund had 970,000 shares outstanding, calculate the net asset value per share.
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On February 9, 2020, the market value of the investments contained in the All Star Stock Fund, a mutual fund, was $21,200,000. Liabilities for the fund were $2,544,000.If the fund had 970,000 shares outstanding, calculate the net asset value per share. Round your answer to the nearest cent.
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