One year ago, Big Deal Closed-End Fund had a NAV of $10.36 and was selling at a(n) 16% discount. Today, its NAV is $11.55 and it is priced at a(n) 7% premium During the year, Big Deal paid dividends of $0.35 and had a capital gains distribution of $0.88. On the basis of the abowe inflgrmation, calculate each of the followiry a. Big Dear's NAV-based holding period return for the yoar. b. Big Dears market-based holding period return for the year. Did the market premiumidiscount hurt or add value to the investor's return? Explain. c. Repeat the market-based holding period return calculation, except this time assume the fund started the year at a(n) 16% premum and ended it at a(n) 76 discount. (Assume the beginning and ending NAVs remain at $10.36 and $11.55, respectively.) is there any change in this measure of return? Why? a. Big Deal's NAV-based holding period return for the year is \%. (Round to two decimal places.)