Consider an open-end mutual fund with 2 million shares outstanding, liabilities of $5 million, and the following portfolio of assets: Asset Shares Held Share Price PFE BCS AMC 200,000 300,000 400,000 35 10 8 Determine what (if any) changes to total net assets, net asset value, and shares outstanding would occur in each of the following cases (treat each case independently of the rest): (a) The price of AMC Entertainment Holdings, Inc. (AMC) falls by 20% (b) The price of Pfizer (PFE) rises by 50% (c) New investors buy two million shares in the fund (d) Existing Investors redeem 10,000 shares