me ds b. If the fund sells for $36 per share, what is its premium NAV? discount as 16. Corporate Fund started the year with a net asset value of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-end distributions of income and capital gains of (LO 4-3) $1.50. What was the rate of return to an investor in the fund? 17. A closed-end fund starts the year with a net asset value of $12. By year-end, NAV