Open$-$end Fund A has $165$ shares of ATT valued at $$35$ each and $30$ shares of Toro valued at $$75$ each. Closed$-$end Fund B has $75$ shares of ATT and $72$ shares of Toro. Both funds have $1,000$ shares outstanding. $(LG17-5)$

a$.$ What is the NAV of each fund using these prices?

b$.$ If the price of ATT stock increases to $$36\mathrm{.}25$ and the price of Toro stock declines to $$72\mathrm{.}292,$ how does that impact the NAV of both funds?

c$.$ Assume that another $155$ shares of ATT valued at $$35$ are added to Fund A$.$ The funds needed to buy the new shares are obtained by selling $676$ more shares in Fund A$.$ What is the effect on Fund A$\text{'}$s NAV if the prices remain unchanged from the original prices?