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The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $340 million. It has liabilities of $6 million and 10 million

The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $340 million. It has liabilities of $6 million and 10 million shares outstanding. If the fund sells for $29 a share, what is its premium or discount as a percent of NAV?

Multiple Choice

  • 15.17% discount

  • 13.17% discount

  • 15.17% premium

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