You are considering the purchase of shares in a closed-end


Question: You are considering the purchase of shares in a closed-end mutual fund. The NAV is equal to $22.50 and the latest close is $20.00. Is this fund trading at a premium or a discount? How big is the premium or discount?

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Accounting Basics: You are considering the purchase of shares in a closed-end
Reference No:- TGS02421968

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