Question: Part c is wrong someone please help. Problem 17-2 (LG 17-5) Open-end Fund A has 173 shares of ATT valued at $39 each and 34

Part c is wrong someone please help.

Problem 17-2 (LG 17-5) Open-end Fund A has 173 shares of ATT valued at $39 each and 34 shares of Toro valued at $79 each. Closed-end Fund B has 79 shares of ATT and 76 shares of Toro. Both funds have 1,000 shares outstanding. a. What is the NAV of each fund using these prices? (Round your answers to 3 decimal places. (e.g., 32.161 b. If the price of ATT stock increases to $40.25 and the price of Toro stock declines to $76.292, how does that impact the NAV of both funds? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) c. Assume that another 159 shares of ATT valued at $39 are added to Fund A. The funds needed to buy the new shares are obtained by selling 657 more shares in Fund A. What is the effect on Fund A's NAV if the prices remain unchanged from the original prices? a. NAV of Fund A 9.433 NAV of Fund B 9.085 b. Percentage change in NAV Fund A Percentage change in NAV Fund B c. Percentage change in NAV Fund A 1.32% 0.02 Problem 17-2 (LG 17-5) Open-end Fund A has 173 shares of ATT valued at $39 each and 34 shares of Toro valued at $79 each. Closed-end Fund B has 79 shares of ATT and 76 shares of Toro. Both funds have 1,000 shares outstanding. a. What is the NAV of each fund using these prices? (Round your answers to 3 decimal places. (e.g., 32.161 b. If the price of ATT stock increases to $40.25 and the price of Toro stock declines to $76.292, how does that impact the NAV of both funds? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) c. Assume that another 159 shares of ATT valued at $39 are added to Fund A. The funds needed to buy the new shares are obtained by selling 657 more shares in Fund A. What is the effect on Fund A's NAV if the prices remain unchanged from the original prices? a. NAV of Fund A 9.433 NAV of Fund B 9.085 b. Percentage change in NAV Fund A Percentage change in NAV Fund B c. Percentage change in NAV Fund A 1.32% 0.02

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