Question: Consider a closed - end fund that has a NAV of $ 2 5 . 0 0 and a price of $ 2 3 .

Consider a closed-end fund that has a NAV of $25.00 and a price of $23.00. What is the closed-end fund's original discount in dollars and percentage? If the NAV were to increase 10% to $27.50 and the price rose to $24.50, what would be the return to the investor and the new discount? Round percentages to two decimal places.
Question 8 options:
The original discount is $3.00, which is 10.00%. The discount after the increase is $4.00, which is 12.91%. The return to the investor is 8.43%.
The original discount is $2.00, which is 10.00%. The discount after the increase is $3.50, which is 11.79%. The return to the investor is 4.25%.
The original discount is $2.00, which is 8.00%. The discount after the increase is $2.5, which is 9.91%. The return to the investor is 5.52%.
The original discount is $2.00, which is 8.00%. The discount after the increase is $3.00, which is 10.91%. The return to the investor is 6.52%.
The original discount is $1.00, which is 4.00%. The discount after the increase is $2.00, which is 7.91%. The return to the investor is 7.52%.

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