Parvez invests $10,000 in a mutual fund at a cost of $10.00 per share and, at the same time, signs up for the automatic dividend reinvestment plan. On December 31st, the net asset value per share is $12.00 and it also pays a distribution of $1.50 per share. Approximately how many shares in the mutual fund does Parvez own after receiving the distribution?

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