This is probably because investors have demanded a premium for owning an illiquid asset.

这可能是因为投资者都要求持有非流动性资产所要求的溢价。

youdao

Banking and asset management used to be perceived as fairly dull jobs, which did not attract a significant wage premium.

银行和资产管理过去一直被视为相当枯燥的工作，这并没有巨大的工资奖励。

youdao

Asset pricing is considered as the core of modern finance; it involves puzzles such as the equity premium puzzle and the risk-free rate puzzle, which have attracted an extensive research interest.

资产定价既是现代金融的核心，也是许多困惑之所在，其中最著名的就是股权溢价之谜和无风险利率之谜。

youdao

You can then compare and see which asset sold at a premium versus those at a discount relative to the market.

FORBES: Froth Galore In SAP's Merry Multiples For Sybase

In 2007 the fund traded at a 50% premium to net asset value, in part due to their high distribution yield at the time.

FORBES: Presidential Cycle Suggests Big Lift Is Coming In Stocks

They tend to sell at a premium to net asset value.

FORBES: Nothing Ventured