Discount or Premium. What does it mean for a closed-end fund to trade at a discount? What does it mean for a closed-end fund to trade at a premium? (Select the best answer below.) OA. A closed-end fund trades at a discount when a broker deems that it is on sale. Conversely, it trades at a premium when a broker needs to make money. OB. A closed-end fund trades at a discount when it sells below net asset value. Conversely, it trades at a premium when it sells at a price above net asset value. OC. A closed-end fund trades at a discount when it sells at net asset value. Conversely, it trades at a premium when it sells at a price below or above net asset value. OD. A closed-end fund trades at a discount when it sells at a price above net asset value. Conversely, it trades at a premium when it sells at a price below net asset value