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- 注册时间
- 2011-7-11
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- 2016-12-5
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The net asset value of a closed-end mutual fund is $11.20, and the share price is $10.00. The discount or premium is closest to:
The answer is: 10.7% discount.
(SP - NAV) / NAV =
(10.00 - 11.20) / 11.20 = −0.107
why is this a discount instead of premium? and why can't I calculate as (NAV-SP)/SP?
totally confused..someone help?? thx! |
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发表于 2011-7-11 17:48
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