Suppose today a mutual fund contains 2.000 shares of JPMorgan Chase, currently trading at $8175. 1000 shares of Walmart, currently trading at $1010, and 2.500 shares of Pfizer, currently trading at $48.50. The mutual fund has no liabilities and 10,000 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 JPMorgan's shares increase to $83, Walmart's shares increase to $85, and Prizer's shares decrease to $47. c. Suppose that today 1000 additional investors buy one share each of the mutual fund at the NAV of $36.485. This means that the fund manager has $36,485 in additional funds to invest. The fund manager decides to use these additional funds to buy additional shares in JPMorgan Chase Calculate tomorrow's NAV given the same rise in share values as assumed in (b) (For all requirements, do not round intermediate calculations. Round your answers to 3 decimal places. (e.g. 32.16 a NAV of the Fund b. Change in NAV Tomorrow's NAV Suppose an individual invests $10,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 2 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 126-1 fees) are 0.85 percent. The annual fees are charged on the average net asset value Invested in the fund and are recorded at the end of each year, Investments in the fund return 5 percent each year paid on the last day of the year. If the investor reinvests the annual returns paid on the investment, calculate the annual return on the mutual fund over the two-year investment period. (Do not round Intermediate calculations. Round your answer to 3 decimal places. (e.g. 32.161)) Answer is not complete. Annual return %