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Suppose that you buy a share of a CEF with a price of $ 2 4 and NAV of $ 3 0 . This means

Suppose that you buy a share of a CEF with a price of $

24

and NAV of $

30 .

This means that the CEF is trading at a

20.00 %

discount. Suppose that a few weeks later the price is $

24

and the NAV is $

36 .

As a result of this change, the discount has decressed

/

incressed

.

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