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4. The ABCXYZ123 Fund is a closed-end investment company with a portfolio currently worth $301 million. It has liabilities of $3 million and 8 million

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4. The ABCXYZ123 Fund is a closed-end investment company with a portfolio currently worth $301 million. It has liabilities of $3 million and 8 million shares outstanding. If the fund sells for $31 a share, what is its premium or discount as a percent of NAV? (10 points)

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