C) Assuming the beginning and ending NAV remain the same and the fund started the year at a(n) 16% premium and ended it at a(n) 5% discount, the holding period return is

One year ago, Big Deal Closed-End Fund had a NAV of $10.21 and was selling at a(n) 16% discount. Today, its NAV is $11.61 and it is priced at a(n) 5% premium. During the year, Big Deal paid dividends of $0.31 and had a capital gains distribution of $0.89. On the basis of the above information, calculate each of the following. a. Big Deal's NAV-based holding period return for the year. b. Big Deal'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)16% premium and ended it at a(n) 5% discount. (Assume the beginning and ending NAVs remain at $10.21 and $11.61. respectivelv.) Is there anv chande in this measure of return? Whv? a. Big Deal's NAV-based holding period return for the year is (Round to two decimal places.) b. Big Deal's market-based holding period return for the year is (Round to two decimal places.) One year ago, Big Deal Closed-End Fund had a NAV of $10.21 and was selling at a(n) 16% discount. Today, its NAV is $11.61 and it is priced at a(n) 5% premium. During the year, Big Deal paid dividends of $0.31 and had a capital gains distribution of $0.89. On the basis of the above information, calculate each of the following. a. Big Deal's NAV-based holding period return for the year. b. Big Deal'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)16% premium and ended it at a(n) 5% discount. (Assume the beginning and ending NAVs remain at $10.21 and $11.61. respectivelv.) Is there anv chande in this measure of return? Whv? a. Big Deal's NAV-based holding period return for the year is (Round to two decimal places.) b. Big Deal's market-based holding period return for the year is (Round to two decimal places.)