Question 26 4 pts One day later, the stocks remain flat except Apple pops a full 6%. At what price (in $s) will a new shareholder buy-in after that stock movement? The information from the prior problem is copied below. You are the manager of the UWM 778 equity mutual fund. You have the following asset positions (all $s in millions): Amazon $350 Microsoft $240 Apple $650 Facebook $120 Southwest $65 What is your fund's NAV (in $s) if you also have $70 in cash and 20 million shares outstanding? Question 27 4 pts The following bids have been submitted for the week's US Treasury 90 day T-Bill auction. The UST wants to sell $1,900 of T-Bills. What is the clearing price for the auction? Price Amount Bidder Name $400 Lehman $250 Merrill $0.9979 $0.9984 $725 EF Hutton $0.9799 DLJ $0.9975 $550 $450 Smith Barney $0.9862 $300 Baird $0.9893 $375 Drexel $0.9989