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The net asset value of shares in a closed-end investment company is $36. An investor buys the shares for $34 in the secondary market. The company distributes $1 and after one year, the net asset rises to $42. The investor sells the shares for $44 in the secondary market.
a. What is the discount?
b. What is the percentage return on the investment?
c. In both problems 1 and 2, the investment company's net asset value rose from $36 to $42 and the company distributed $1. Why are the percentage returns different?
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Generalized views and expectations about what is considered appropriate behaviors, attributes, and roles for males and females in a society.
Biological Sex
The physical characteristics of the body that define male and female organisms, often determined by genetics and reproductive anatomy.
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A strong and clear sense of one's own gender, with confidence in one's gender identity.
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The degree to which conclusions derived from a statistical analysis are reliable and meaningful, based on the methodology and sample size.
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