The Net Asset Value of a Mutual Fund Increased from $12.03

question 116

Multiple Choice

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

• A) paid out $1 in capital gains.
• B) paid out $1 in dividends.
• C) is a closed-end fund.
• D) is an open-end fund.

---

Definitions:

Neurotransmitters

Chemicals released by neurons that transmit signals across a chemical synapse, such as from a neuron to a muscle.

Isometric Contraction

A form of muscle contraction where tension is produced without an observable change in muscle length.

Wave Summation

A phenomenon where muscle fiber contractions become stronger and more frequent, leading to a stronger overall muscle contraction.

Effort

The physical or mental energy exerted towards achieving a goal or task.