The Closed Fund has a net asset value of $36.65 per share. If the fund...
70.2K
Verified Solution
Link Copied!
Question
Finance
The Closed Fund has a net asset value of $36.65 per share. If the fund sells for $33.86 per share, what is its premium or discount as a percent of net asset value? Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!