please answer a and b1-3

City Street Fund has a portfolio of $420 million and liabilities of $30 million. Required: a. If there are 30 million shares outstanding, what is the net asset value? b-1. If a large investor redeems 3 million shares, what happens to the portfolio value? (Enter your answer in dollars not in militions.) b.2. If a targe investor redeems 3 million shares, whot happens to shares outstanding? (Enter your answer in dollars not in b.2. If a large investor redeems 3 million shares, what happens to shares outstanding? (Enter your answer in dollars not in millions.) b-3. If a targe investor redeems 3 million shares, what is the net asset value