Suppose on Day 1 an open-end mutual fund contains 1,000 shares of IBM, trading at $104.75; 500 shares of J&J, trading at $93.10; 500 shares of Pfizer, trading at $46.50; and lastly 250 shares of Disney, trading at $37.60. The mutual fund has no liabilities and 5,000 shares outstanding held by investors. (a) What is the NAV of the fund on Day 12 Show calculations. (6) Calculate the new NAV of the fund if on Day 2 IBM shares increase to $106.25 per share, J&J shares decrease to $88.20, Pfizer shares increase to $48.40; and lastly Disney shares decrease to $34.25. Show calculations. C) On Day 2, the mutual fund sells 1,500 additional shares to investors. This means that the fund manager has additional funds at its disposal to invest. The fund manager decides to use these additional funds to buy additional shares in IBM. How many shares of IBM have the manager purchased? What is the new NAV now? Show calculations. (d) On day 3, shares trade at following prices: IBM at 107.10; J&J at $90.20; Pfizer at $46.90 and Disney at $34.50. What is the NAV of the fund on Day 32 Show calculations