A mutual fund has 450 shares of General Electric, currently trading at $22, and 450 shares of Microsoft, Inc., currently trading at $40. The fund has 1,000 shares outstanding. What is the NAV of the fund If investors expect the price of General Electric to increase to $30 and the price of Microsoft to decline to $30 by the end of the year, what is the expected NAV at the end of the year Assume that the price of General Electric shares does change to $30. What is the lowest price to which Microsoft can decline that will still maintain the same NAV as estimated in (a)