subject
Business, 11.04.2020 02:43 fili20

The Twenty-First Century closed-end fund has $350 million in securities, $8 million in liabilities, and 20 million shares outstanding. It trades at a 10 percent discount from net asset value (NAV) a. What is the net asset value of the fund? b. What is the current price of the fund? c Suggest two reasons why the fund may be trading at a discount from net asset value.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees
Answers: 1
question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 17:30
After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why you’re offering the workshop and why employees should participate.
Answers: 2
question
Business, 22.06.2019 19:50
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
You know the right answer?
The Twenty-First Century closed-end fund has $350 million in securities, $8 million in liabilities,...
Questions
question
Mathematics, 30.03.2020 23:54
question
Mathematics, 30.03.2020 23:54
question
English, 30.03.2020 23:55
Questions on the website: 13722360