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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?
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A plan or approach designed to give individuals or groups more control over their lives or situations, often through providing resources or support.
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