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The Closed Fund is a closed-end investment company with a portfolio currently worth $285 million. It has liabilities of $3 million and 5 million shares

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The Closed Fund is a closed-end investment company with a portfolio currently worth $285 million. It has liabilities of $3 million and 5 million shares outstanding. Required: a. What is the NAV of the fund? (Round your answer to 2 decimal places.) NAV Per share b. If the fund sells for $53 per share, what is its premium or discount as a percent of NAV? (Input the amount as a positive value. Do not round your intermediate calculations. Round your answer to 2 decimal places.) wwwwwwwww The fund sells at a(n) % from NAV. premium discount

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