The stone harbor fund is a closed-end investment company, Ask an Expert

Finance

The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $470 million. It has liabilities of $5 million and 10 million shares outstanding. If the fund sells for $45 a share, what is its premium or discount as a percent of NAV?

A$3.33% discount

B$3.23% premium

C$3.23% discount

D$3.33% premium

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92094960

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