{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-22T13:04:06-04:00", "answer_date": "2024-05-22 13:04:06", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1512719", "url": "\/study-help\/questions\/city-street-fund-has-a-portfolio-of-450-million-and-1512719", "question_creation_date_js": "2024-05-22T13:04:06-04:00", "question_creation_date": "May 22, 2024 01:04 PM", "meta_title": "[Solved] City Street Fund has a portfolio of $450 | SolutionInn", "meta_description": "Answer of - City Street Fund has a portfolio of $450 million and liabilities of $10 million. Required: a. If there are 44 million | SolutionInn", "meta_keywords": "city,street,fund,portfolio,$450,million,liabilities,$10,required,44,shares,outstanding", "question_title_h1": " City Street Fund has a portfolio of $450 million and liabilities of $10 million. Required: a. If there are 44 million shares outstanding, what", "question_title": " City Street Fund has a portfolio of $450 million and liabilities", "question_title_for_js_snippet": "City Street Fund has a portfolio of $450 million and liabilities of $10 million Required a If there are 44 million shares outstanding, what is the net asset value Answer is complete and correct Net asset value $ 10 Per share b 1 If a large investor redeems 1 million shares, what happens to the portfolio value (Enter your answer in dollars not in millions ) Answer is not complete Portfolio value decreases to b 2 If a large investor redeems 1 million shares, what happens to shares outstanding (Enter your answer in dollars not in millions ) Shares outstanding Answer is not complete decreases to b 3 If a large investor redeems 1 million shares, what is the net asset value Net asset value Answer is complete and correct $ 100 Per share", "question_description": "\"image", "transcribed_text": "City Street Fund has a portfolio of $450 million and liabilities of $10 million. Required: a. If there are 44 million shares outstanding, what is the net asset value? Answer is complete and correct. Net asset value $ 10 Per share b-1. If a large investor redeems 1 million shares, what happens to the portfolio value? (Enter your answer in dollars not in millions.) Answer is not complete. Portfolio value decreases to b-2. If a large investor redeems 1 million shares, what happens to shares outstanding? (Enter your answer in dollars not in millions.) Shares outstanding Answer is not complete. decreases to b-3. If a large investor redeems 1 million shares, what is the net asset value? Net asset value Answer is complete and correct. $ 100 Per share", "related_book": { "title": "College Accounting", "isbn": "1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192", "edition": "20th Edition", "authors": "Heintz and Parry", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/73.jpg", "uri": "\/textbooks\/college-accounting-20th-edition-73", "see_more_uri": "" }, "free_related_book": { "isbn": "1526514907", "uri": "\/textbooks\/bloomsbury-professional-trusts-and-estates-2020-21-1st-edition-978-1526514905-276392", "name": "Bloomsbury Professional Trusts And Estates 2020\/21", "edition": "1st Edition" }, "question_posted": "2024-05-22 13:04:06", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/college-algebra\/in-problems-1158-perform-the-indicated-operation-and-write-each-expression-in-the-standard-form-a-bi-3i7", "description": "In Problems 1158, perform the indicated operation, and write each expression in the standard form a + bi. -3i(7 + 6i)", "stars": 3 }, { "url": "\/a-uniformly-loaded-steel-wideflange-beam-with-simple-supports-see", "description": "A uniformly loaded steel wide-flange beam with simple supports (see figure) has a downward deflection of 10 mm at the midpoint and angles of rotation equal to 0.01 radians at the ends. 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