One year ago, Super Star Closed-End Fund had a NAV of $ 10.28and was selling at a(n)17 %discount. Today, its NAV is $ 11.68and it is priced at a(n)8 %premium. During the year, Super Star paid dividends of $ 0.44and had a capital gains distribution of $ 0.91. On the basis of the above information, calculate each of the following.a.Super Star's NAV-based holding period return for the year.b.Super Star's market-based holding period return for the year. Did the market premium/discount hurt or add value to the investor's return? Explain.c.Repeat the market-based holding period return calculation, except this time assume the fund started the year at a(n)17 %premium and ended it at a(n)8 %discount. (Assume the beginning and ending NAVs remain at $ 10.28and $ 11.68,respectively.) Is there any change in this measure of return? Why? Explain your answer and provide examples.