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17a. The New Tech Fund is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9

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17a. The New Tech Fund is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding, The fund sells for $30 a share. What is its premium or discount as a percent of NAV? (Discount of 8.47%) price - NAV Premium/discount NAV 17b. The GZ Fund is a closed-end investment company with a portfolio currently worth $1 billion. It has liabilities of $17 million and 12 million shares outstanding. The fund sells for $30 a share. What is its premium percent of NAV? (Premium of 12.31 %) or discount as a

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