Multiple Choice
A closed-end mutual fund has $300 million in assets and sells for a 10.5 percent discount to NAV. If the NAV is $10.28, what price are the fund shares?
A) $9.87
B) $9.20
C) $10.04
D) $11.36
E) $10.28
Correct Answer:
Verified
Correct Answer:
Verified
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