The Net Tangible Asset Value of a Managed Fund Increased

question 69

Multiple Choice

The net tangible asset value of a managed fund increased from $12.03 to $13.53, but its price per unit increased by only $1.26. This information indicates that the fund

• A) is a listed fund.
• B) is an unlisted fund.
• C) paid out $1 in dividends.
• D) paid out $1 in capital gains.

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Definitions:

Common-Law Relationship

A legally recognized relationship between two adults who live together in a marriage-like relationship, without being officially married.

1981

A year marked by significant global events, including the inauguration of Ronald Reagan as President of the United States and the release of the first IBM PC.

Marital Satisfaction

The degree to which partners in a marriage experience contentment and fulfillment in their relationship.

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Individuals who are in the age group of 13 to 19 years old, characterized by significant physical, psychological, and social development.