A Mutual Fund Had NAV Per Share of $26

question 33

Multiple Choice

A mutual fund had NAV per share of $26.25 on January 1, 2018. On December 31 of the same year, the fund's rate of return for the year was 16.4%. Income distributions were $1.27, and the fund had capital gain distributions of $1.85. Without considering taxes and transactions costs, what ending NAV would you calculate?

• A) $27.44
• B) $33.88
• C) $24.69
• D) $42.03
• E) $16.62

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Definitions:

Psychomotor

Pertaining to the relationship between cognitive functions and physical movement.

Positive

In the context of psychology, Positive refers to emotions, attitudes, or aspects that are constructive, beneficial, and promoting well-being and mental health.

Prodromal Stage

An initial period before the full onset of a disease, characterized by early symptoms that might indicate the start of a condition.

Active Stage

Typically refers to the phase in a process or condition where significant activity or progression is observed, often implying more intense symptoms or actions.