Question
The Nahata is a closed-end investment company with a portfolio currently worth $280 million. It has liabilities of $4 million and 5 million shares outstanding.
The Nahata is a closed-end investment company with a portfolio currently worth $280 million. It has liabilities of $4 million and 5 million shares outstanding.
a.What is the NAV of the fund?(Round your answer to 2 decimal places.)
b.If the fund sells for $52 per share, what is its premium or discount as a percent of NAV?(Input the amount as a positive value. Round your answer to 2 decimal places.)
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An Introduction to Measure Theoretic Probability
Authors: George G. Roussas
2nd edition
128000422, 978-0128000427
