b. On January 1st, the shares and bonds and their prices for ABC mutual fund are: Stock/ Shares/ Bond owned Price Bond Stock 1 E 1.92 Stock 2 E 51.18 Stock 3 2,000 4,000 12,800 7,200 3,000 E 29.08 Stock 4 E 67.19 Bond 1 105.00 cash n.a. E5,353.40 Stock 3 announces record earnings, and the price of stock 3 jumps to 32.44 in after-market trading. You are an investor and would like to invest 10,000, how many shares you will be able to buy at the new price? Assume the mutual fund charges 2% upfront load plus expense ratio of 1.23% deducted at the time of investment. Assume 2,000 shares are outstanding. [10 marks) Also comment on what the investment objective class of ABC mutual fund is? Further, in a crisis period, do investors usually prefer equity funds or bond fundsi Critically analyse. (Max 100 words) (5 marks]