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3. Consider the following information for the Scientific Investment Fund. Price $20 $30 $12 $10 Stock Investment $200,000 $300,000 $500,000 $1,000,000 The fund has accrued

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3. Consider the following information for the Scientific Investment Fund. Price $20 $30 $12 $10 Stock Investment $200,000 $300,000 $500,000 $1,000,000 The fund has accrued management fees of $100,000 and here are 10 million shares outstanding. If this was a closed ended fund trading at a 10% discount to NAV compute its price? (20 pts)

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