Last Year at This Time, a Mutual Fund Had an NAV

question 67

Multiple Choice

Last year at this time, a mutual fund had an NAV of $52.80 per share. Over the past year the fund paid dividends of $2.80 per share and had a capital gains distribution of $2.40 per share. What is the holding period return assuming that the current NAV is $57.68?

• A) 14.5%
• B) 17.5%
• C) 19.1%
• D) 23.6%

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Definitions:

Retain Trained Workers

The strategies and practices employed by organizations to keep skilled employees from leaving the company.

Reduced Labour Costs

Refers to strategies or approaches implemented by organizations to decrease the expenses associated with employee compensation and benefits.

Lost Earnings

Potential income that was not earned due to a particular event or situation, such as an injury or job loss.

Flexible Working Hours

An arrangement that allows employees to choose their work hours within agreed limits, promoting work-life balance.