Question
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
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15.17% discount
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13.17% discount
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15.17% premium
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Recent Advances In Computational Finance
Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.
1st Edition
1626181233, 978-1626181236
