City Street Fund has a portfolio of $440 million and liablities of $20 million. Required: a. If there are 30 million shares outstanding, what is the net asset value? b-1. If a large investor redeems 1 million shares, what happens to the portfolio value? (Enter your answer in dollars not in millions.) b-2. If a large investor redeems 1 million shares, what happens to shares outstanding? (Enter your answer in dollars not in millions.) b-3. If a large investor redeems 1 million shares, what is the net asset value