If you want to liquidate (sell) your holdings in a closed-end fund, then you would O sell your shares on the open market at net asset value O sell your shares back to the fund at net asset value o sell your shares on the open market at a premium to net asset sell your shares on the open market at the current market price Question 2 3.4 You buy 300 shares of Microsoft on margin that are currently selling at $80 per share. You pos 50% margin required on the purchase. Your cost of borrowed funds for buying on margin is 49 year. What will be your rate of return if after 1-year Microsoft is selling at $88? (Include interes cost) FEB W 18 If you want to liquidate (sell) your holdings in a closed-end fund, then you would sell your shares on the open market at net asset value sell your shares back to the fund at net asset value sell your shares on the open market at a premium to net asset sell your shares on the open market at the current market price