City Street Fund has a portfolio of $502 million and liabilities of $12 million. Required: a. If there are 49 million shares outstanding. what is the net asset value? \begin{tabular}{|l|l|} \hline & Answer is complete and corre \\ \hline Net asset value & $10 \\ \hline \end{tabular} b-1. If a large investor redeems 2 million shares, what happens to the portfollo value? (Enter your answer in dollars not in millions.) Answer is complete but not entirely correct. b-2. If a large investor redeems 2 million shares, what happens to shares outstanding? (Enter your answer in dollars not in militons.) * Answer is complete but not entirely correct. b-3. If a large investor redeems 2 million shares, what is the net asset value? b-1. If a large investor redeems 2 million shares, what happens to the portfolio value? (Enter your answer in dollars not in militions.) x Answer is complete but not entirely correct. b-2. If a large investor redeems 2 million shares, what happens to shares outstanding? (Enter your answer in dollars not in mililions.) Answer is complete but not entirely correct. b-3. If a large investor redeems 2 million shares, what is the net asset value