A Mutual Fund Had NAV Per Share of $16

question 8

Multiple Choice

A mutual fund had NAV per share of $16.75 on January 1, 2018. On December 31 of the same year, the fund's rate of return for the year was 26.6%. Income distributions were $1.79, and the fund had capital gain distributions of $2.80. Without considering taxes and transactions costs, what ending NAV would you calculate?

• A) $17.44
• B) $13.28
• C) $14.96
• D) $17.25
• E) $16.62

---

Definitions:

Worker Safety

This term refers to the protocols, practices, and measures implemented to ensure the physical and psychological welfare of workers in their workplace.

OSHA

The Occupational Safety and Health Administration is an agency of the U.S. government tasked with maintaining safe and healthy conditions in workplaces.

Two-tail Test

A statistical hypothesis test in which the critical area of a distribution is two-sided and tests whether a sample is greater or less than a range of values.

Sample Variances

Statistical measurements that quantify the dispersion or spread of data points within a sample from their mean.