Suppose today a mutual fund contains 2000 shares of J.P Morgan Chase, currently trading at $46.75, 1000 shares of Walmart,currently trading at$70.10 and 2500 shares of Pfizer, currently trading at $27.50. The mutual fund has no liabilities and 10000 shares outstanding held by investors.

A) What is the NAV of the fund?

B)Calculate the change in the NAV of the fund if tomorrow J.P Morgan's shares increases to $50,Walmart shares increases to $73 and Pfizer's shares increases to $30

C) Suppose that today 1000 additional investors buy one share each of the mutual fund at the NAV of$23235.This means that the fund manager has $23235 in additional funds to invest.The fund manager decides to use these additional funds to buy additional shares in J.P Morgan Chase. Calculate tomorrow's NAV given the same rise in share values as assumed in (b).