A closed-end fund has total assets of $285 million and liabilities of $140,000. Currently, 14 million shares are outstanding. What is the NAV of the fund? If the shares currently sell for $18.75, what is the premium or discount on the fund? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the NAV answer to 2 decimal places. Enter the premium or discount as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. $ Net asset value Premium(discount) 20.35 8.53 %