City Street Fund has a portfolio of $440 million and liabilities of $20 million. a. If there are 30 million shares outstanding, what is the net asset value? Answer is complete and correct. Net asset value $ 14 b-1. If a large investor redeems 1 million shares, what happens to the portfolio value? (Enter your answer in millions.) > Answer is complete but not entirely correct. Portfolio value decreases TO 433 x million b-2. If a large investor redeems 1 million shares, what happens to shares outstanding? (Enter your answer in millions.) Answer is complete and correct. Shares outstanding decreases to 29 million b-3. If a large investor redeems 1 million shares, what is the net asset value? Answer is complete but not entirely correct. Net asset value $ 7