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Answer:
$19.43
Explanation:
Net asset value at the end of the year = ($219,000,000 / 12,000,000 shares) * 1.07 * (1 - 0.005)
Net asset value at the end of the year = $18.25 * 1.07 * 0.995
Net asset value at the end of the year = $19.4298625
Net asset value at the end of the year = $19.43