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Question 20 4 pts City Street Fund has a portfolio of $450 million and liabilities...

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Question 20 4 pts City Street Fund has a portfolio of $450 million and liabilities of $10 million. It has 44 million shares outstanding. If a large investor redeems 1 million shares, what happens to the portfolio assets, to shares outstanding, and to NAV? Choose all right answers. NAV will not change Portfolio assets will not change Shares outstanding will not change O NAV will decrease NAV will increase O Portfolio assets will decrease Shares outstanding will decrease

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