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A closed-ended fund has a portfolio of assets worth a total of 300 million. It...

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A closed-ended fund has a portfolio of assets worth a total of 300 million. It has fees/liabilities of 7.5 million and shares outstanding of 8.5 million. The price per share is 34.81 By how much does the fund sell for a premium ( +%) or at a discount (%) ? (Hint: calculate NAV first) 0.0186 0.0139 0.0116 0.0159 0.0176

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