Market price $19.34, discount 13.7%
Make sure you include the capital gain that is being paid at the end of October. Believe that reduced the discount to less than 5%.
I assume you meant Dec. not Oct....there was no capital gain distribution in Oct.
Capital gain was factored in 12/21/07, RNP NAV was down 1.19 less the $1.40 capital gain would result in a 21 cent net gain on 12/21.