Question
The Argentina Fund has $400 million in assets and sells at a discount of 4.7 percent to NAV. If the quoted share price for this
The Argentina Fund has $400 million in assets and sells at a discount of 4.7 percent to NAV. If the quoted share price for this closed-end fund is $18.06, how many shares are outstanding? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
Shares outstanding:
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
