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The CF is a closed-end investment company with a portfolio currently worth $200 million . It has liabilities of $3 million and $5 million shares

The CF is a closed-end investment company with a portfolio currently worth $200 million . It has liabilities of $3 million and $5 million shares outstanding.

a) what is the NAV of the fund

b)If the fund sells for $36 per share, what is the premium of discount as a percent of NAV?

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