Peter Wolfgang is considering the purchase of shares in a closed-end mutual fund. The NAV is equal
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Peter Wolfgang is 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 discount? How big is the premium or discount?
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Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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