Problem 4-11 The Closed Fund as a closed end investment company with a portfolio currently worth $210 million. It has liabilities of $40 million and 15 million shares outstanding .. What is the NAV of the fund? (Round your answer to 2 decimal places.) Answer is complete and correct. INAV 1133 b. If the fund sells for $10 per share, what is its premium or discount as a percent of net asset value? (Input the amount as a positive value. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Discount 13303