At the beginning of 2020, Kemang Unit Trust Fund had a share price of RM25. By the end of the year, the share price had increased by 20% from its beginning of year price. Kemang gave 50 cents per share of dividend and capital gains of RM5.

1. Calculate the holding period return (HPR) of Kemang Unit Trust Open-End Fund.

2. Suppose Kemang is a closed-end fund. By the end of the year share price sells at a 10% premium, what is Kemangs net asset value (NAV) at the end of the year?