Question
The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $330 million. It has liabilities of $5 million and 10 million
The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $330 million. It has liabilities of $5 million and 10 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV?
$7.69% premium
$8.33% discount
$7.69% discount
$8.33% premium
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Risk Management And Financial Institutions
Authors: John Hull
1st Edition
0132397900, 9780132397902
