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( 5 % ) The Stone Harbor Fund is a closed - end investment company with a portfolio currently worth $ 4 2 0 million.

(5%) The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $420 million. It has liabilities of $7 million and 14 million shares outstanding. If the fund sells for $27 a share, what is its premium or discount as a percent of NAV?
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