medium · Private Credit & Debt fund-structures-returns-economics
A BDC reports Net Investment Income (NII) of $59.0 million and total Net Assets (NAV) of $900.0 million.
If the stock trades at $8.10 per share and the NAV per share is $9.00, what is the BDC's NII yield on NAV?
- 7.3%
- 6.9%
- 10.0%
- 6.6%
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