City Street Fund has a portfolio of $450 million and liabilities of $10 million. a. If there are 55 million shares outstanding, what is the net asset value? Answer is complete and correct. Net asset S 80 value b-1. If a large investor redeems 4 million shares, what happens to the portfolio value? (Enter your answer in millions.) Answer is complete but not entirely correct. decreases to S 32 million Portfolio value b-2. If a large investor redeems 4 million shares, what happens to shares outstanding? (Enter your answer in millions.) Answer is complete and correct. Shares outstanding decreases to $ 51 million b-3. If a large investor redeems 4 million shares, what is the net asset value? * Answer is complete but not entirely correct. Net asset 32 value