Last Year, Sue Purchased a Listed Fund That Was Trading

question 30

Multiple Choice

Last year, Sue purchased a listed fund that was trading at $42 and had an NTA of $38. Sue sold the fund today when the NTA is $44 and the market price is $43. The fund paid $1 in dividends over the past year. What is the Sue's holding period return?

• A) 7.1%.
• B) 11.6%.
• C) 4.8%.
• D) 18.4%.

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Definitions:

Shifts

Refers to changes in the position of demand or supply curves in economic models, often due to changes in external factors such as technology, preferences, or policy.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that consumers are willing and able to purchase at various prices.

Price of Substitutes

The cost of alternative goods or services that consumers can purchase instead of the original item, influencing consumer choices and demand.

Supply Curve

represents the relationship between the price of a good or service and the quantity of it that suppliers are willing to produce and sell at that price.