Exhibit 52
Use the Information Below for the Following Problem(S)

question 40

Multiple Choice

Exhibit 5.2
Use the Information Below for the Following Problem(S)
$\begin{array}{lcccccc} ~&&\text { Stock Price } &&& \text { \# Shares } \\ & \mathbf{X} & \mathbf{Y} & \mathbf{Z} & \mathbf{X} & \mathbf{Y} & \mathbf{Z} \\ \text { Jan. } 13,2005 & 20 & 40 & 30 & 1000 & 2000 & 1000^{*} \\\text { Jan. } 14,2005 & 25 & 42 & 18 & 1000 & 2000 & 2000 \\\text { Jan. } 15,2005 & 27 & 45 & 8 & 1000^{* *} & 2000 & 2000 \\\text { Jan. } 16,2005 & 20 & 40 & 10 & 3000 & 2000 & 2000\end{array}$
*2:1 Split on Stock Z after Close on Jan. 13, 2005
**3:1 Split on Stock X after Close on Jan. 15, 2005
The base date for index calculations is January 13, 2005
-Refer to Exhibit 5.2.Calculate a price weighted average for January 14th.

• A) 32
• B) 30
• C) 36.13
• D) 34
• E) None of the above

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Definitions:

Specialized-sector Funds

Specialized-sector Funds focus investments on specific sectors of the economy, such as technology, healthcare, or finance, aiming for higher returns from these niche areas.

Precious Metals

Metallic elements of high economic value, such as gold, silver, and platinum, often used as investment or for industrial purposes.

NAV

Net Asset Value, representing the per-share/unit price of a fund on a specific date or time, calculated by deducting liabilities from assets and dividing by the number of shares outstanding.

Load

A fee or charge assessed when buying or selling shares in a mutual fund, which can be front-end (when buying) or back-end (when selling).