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City Street Fund has a portfolio of $470 million and liabilities of $30 million. a. If there are 40 million shares outstanding, what is net
City Street Fund has a portfolio of $470 million and liabilities of $30 million. a. If there are 40 million shares outstanding, what is net asset value? Net asset value $ b-1. If a large investor redeems 4 million shares, what happens to the portfolio value? (Enter your answer in millions.) Portfolio value to $ (x million
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