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The shares of closed-end mutual fund XYZ currently trade at $50. XYZ has $26.45 millions in liabilities and 5.65 million shares outstanding. The fund is

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The shares of closed-end mutual fund XYZ currently trade at $50. XYZ has $26.45 millions in liabilities and 5.65 million shares outstanding. The fund is traded at a 10% premium over its NAV. The implied value of the portfolio held by XYZ is $__millions. Answers must be entered with 2 decimal places and no dollar signs, e.g. 6 as 6.00; 32.346 as 32.35

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