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how many shares need to be purchased to maintain the same weight

Consider an index fund that contains the following four stocks American Campus Communities, Inc. (ACC), Global Net Lease, Inc. (GNU). Jones Lang LaSalle Incorporated (ALL), and Merck & Co., Inc. (MRK) On March 30, 2022, the stock prices at close were: ACC GNL ULL $56.73 $15.65 $243.22 $82.40 MRK The mutual fund held the following numbers of shares in these companies: ACC GNL WILL MRK Shares (million 2.087 1.558 0.748 37950 On March 30, the mutunt fund had 25 million shares outstanding. Using the spreadsheet from the mutual fund in-class activity, calculate the net asset value per mutual fund share in dollars) Round your answer to the nearest cent) Numere Response 138 During the day on March 30, the fund had a net cash inflow of $250 million How many shares of MRK did the index fund manager have to purchase in order to maintain a portfolio with the same portfolio weights as at the start of the day? You should assume that the fund manager invests all net inflows insecurities at market close prices on March 30. She holds no cash balance (Submit your answer as milions of shares and report three decimal points. For instance, if the fund manager purchased 1,342,7457 shores, enter 1342746.) Numer Response

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