A closed-end fund has total assets of $330 million and liabilities of $170,000. Currently, 17 million shares are outstanding. What is the NAV of the fund? If the shares currently sell for $17.00, 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.)

Net Asset Value $19.40 Correct

Premium(discount) 2.40% Wrong, need help on the 2nd part of the problem.