College of Administrative and Financial Sciences
Assignment 3
Investment (FIN403)
Deadline: (12/11/2022 @ 23:59 PM)
Course Name: Investment
Course Code: FIN403
StudentàName:
Trimester: 1st
CRN:
StudentàID Number:
Academic Year: 1443/1444 H, 1st Trimester
For InstructoràUse only:
InstructoràName: Dr Jyoti Agarwal
Students rade: /10
Level of Marks: High/Middle/Low
Instructions LEASE READ THEM CAREFULLY
his assignment is an individual assignment.
he Assignment must be submitted only in WORD format via allocated folder
on Blackboard.
ssignments submitted through email will not be accepted.
tudents are advised to make their work clear and well presented. This also
includes filling your information on the cover page.
tudents must mention question number clearly in their answer.
ate submitted assignments will NOT be entertained.
void 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.
ll answered must be typed using Times New Roman (size 12, doublespaced) 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 openend 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]

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