Investment

/in /by

College of Administrative and Financial Sciences

Assignment 3

Investment (FIN403)

Deadline: (12/11/2022 @ 23:59 PM)

Course Name: InvestmentStudent’s Name:
Course Code: FIN403Student’s ID Number:
Trimester: 1stCRN: 13436
Academic Year: 1443/1444 H, 1st Trimester

For Instructor’s Use only:

Instructor’s Name: Dr Muath Alolayan
Students’ Grade:   /10Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY

  • This assignment is an individual assignment.
  • The Assignment must be submitted only in WORD format via allocated folder on Blackboard.
  • Assignments submitted through email will not be accepted.
  • Students are advised to make their work clear and well presented. This also includes filling your information on the cover page.
  • Students must mention question number clearly in their answer.
  • Late submitted assignments will NOT be entertained.
  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.

Assignment Questions

1. Discuss the various risks of international investing.                         [03]

2. What is the basic difference between a closed-end fund and an open-end fund?                                                                                                   [03]

3.  The Closed Fund is a closed-end investment company with a portfolio currently worth $325 million. It has liabilities of $80 million and 5 million shares outstanding.

a. What is the NAV of the fund?                                                            [02]

b. If the fund sells for $45 per share, what is its premium or discount as a percent of net asset value?                                                                   [02]