The Fund has 360 mil in assets and sells at a 12.8% discount to NAV. If the quot

The Fund has 360 mil in assets and sells at a 12.8% discount to NAV. If the quoted price for this closed end fund is $18.43 how many shares are outstanding? If you purchase 1000 shares of this fund what will the total shares outstanding be now?
You are considering an investment in mutual fund with 5% front end load. Assuming the return is 11% per year what is your return in first year? 2 years? 5 years? 10 years? 20 years? 50 years? Explain your answer.The stock of Cruize Industries is trading at $64. You feel the stock price will decline so you short 900 shares at initial margin of 50%. If the maintenance margin is 30% at what share price will you receive a margin call?