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Jensen German Fund is a closed-end investment company that invests in German stocks. In the latest quarter, it has a portfolio worth $300 million. It

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Jensen German Fund is a closed-end investment company that invests in German stocks. In the latest quarter, it has a portfolio worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $35 a share, what is its premium or discount as a percent of NAV? 8.47% discount 9.26% premium 8.47% premium 6.77% premium

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