Answer A, B and C

One year ago, Super Star Closed-End Fund had a NAV of $10.23 and was selling at a(n) 19% discount. Today, its NAV is $11.75 and it is priced at a(n) 6% premium. During the year, Super Star paid dividends of $0.47 and had a capital gains distribution of $0.89. 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) 19% premium and ended it at a(n) 6% discount. (Assume the beginning and ending NAVs remain at $10.23 and $11.75, respectively.) Is there any change in this measure of return? Why? a. Super Star's NAV-based holding period return for the year is %. (Round to two decimal places.)