i need help with these 3 questions

11,12,13

11. Fund S is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? A. 9.26% premium B. 8.47% premium C. 9.26% discount D. 8.47% discount Answer: 12. Mutual funds that hold both equities and fixed-income securities in relatively stable proportions are called A. income funds B. balanced funds C. asset allocation funds D. index funds Answer: 13. If you are promised a nominal return of 10% on a 1-year investment, and you expect the rate of inflation to be 2%, what real rate do you expect to earn? A. 7.84 B. 8.06 C. 8.24 E. 8.81 D. 8.49