Question
The Closed Fund is a closed-end investment company with a portfolio currently worth $155 million. It has liabilities of $10 million and 5 million shares
The Closed Fund is a closed-end investment company with a portfolio currently worth $155 million. It has liabilities of $10 million and 5 million shares outstanding.
What is the NAV of the fund?
| If the fund sells for $30 per share, what is its premium or discount as a percent of net asset value? |
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The Critical Handbook Of Money Laundering Policy Analysis And Myths
Authors: Petrus C. Van Duyne, Jackie H. Harvey, Liliya Y. Gelemerova
1st Edition
1137523972, 978-1137523976
