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The following information is available on Zeder Investment Fund: Total Assets R111 075 Total Liabilities R15 010 Share price in the market R10.25 Similar investment

The following information is available on Zeder Investment Fund:

Total Assets R111 075

Total Liabilities R15 010

Share price in the market R10.25

Similar investment trust companies discount ratio to NAV 13%

Number of shares issued 8 000

Calculate Zeder Investment Fund's net asset value (NAV). Is this investment trust over or undervalued? /

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