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The Koalas are Marsupials not Bears Fund is a closed - end fund with a portfolio currently worth $ 5 1 0 million. It has

The "Koalas are Marsupials not Bears" Fund is a closed-end fund with a portfolio currently worth $510 million. It has liabilities of $10 million and 10 million shares outstanding. The fund's shares are currently trading for $45 a share. Compute the fund's premium or discount as a percentage of NAV (make sure to state whether the fund is trading at a premium or discount).
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