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One year ago, Super Star Closed End fund had a NAV of $11.25 and was selling at a discount of 1.6%. Today its NAV is
One year ago, Super Star Closed End fund had a NAV of $11.25 and was selling at a discount of 1.6%. Today its NAV is $11.75 and trading at a premium of 1.75%. During the year, this fund paid dividends of $0.20 and capital gains distribution of $0.45. Calculate the market based Holding Period Return for this fund.
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