Problem 3: Closed End Funds (10 points) See the worksheet named Problem #3 for the prices and NAV of a recently IPO-ed closed end fund, Angel Oak Financial Strats Income (FINS). A. [5 points] For each day, compute the premium (discount) of the price to the NAV. Compute the average daily premium. B. [3 points] Plot the premium (discount) through time on a graph. C. [2 points] Explain if this fund exhibits the same premium(discount) pattern around its IPO and post-IPO period as the example we discussed in class. Problem 3: Closed End Funds (10 points) See the worksheet named Problem #3 for the prices and NAV of a recently IPO-ed closed end fund, Angel Oak Financial Strats Income (FINS). A. [5 points] For each day, compute the premium (discount) of the price to the NAV. Compute the average daily premium. B. [3 points] Plot the premium (discount) through time on a graph. C. [2 points] Explain if this fund exhibits the same premium(discount) pattern around its IPO and post-IPO period as the example we discussed in class