Please answer A-D.

For the following problems, imagine an ETF called zee which is made up of two stocks: 50 shares of company X - peanut butter and 100 shares of company Y-chocolate. Bank AA is an Authorized Participant for zee and any creation or redemption process. A. Initially a creation unit of 1,000 shares of zee are "sold" to bank AA as the Authorized Participant in exchange for 50 shares of X and 100 shares of Y which are trading at $5 and $10, respectively. What is the initial NAV of ETF zee? B. Bank AA sells the 1,000 shares of zee, the creation unit, on the market as an index composite of company X and Y. Investors love it. Two great tastes in one stock. Zee sells out that day at $2.00 per share, while X remains at $5.00 and Y remains at $10.00. What will bank AA try to do the next day as the Authorized Participant of shares of zee? C. Bank AA continues buying stock X and stock Y and selling stock zee via creation process and making a profit on each creation unit it processes so that now there are 500,000 shares of X and 1,000,000 shares of Y in the ETF called zee. Because so many shares of X and Y have been bought up from the market, their prices have risen to $10 and $20 per share, respectively. How many shares of zee are now in circulation in the market? D. With 10 million shares of zee in circulation at $2.00 per share, what is the NAV of the zee ETF