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:

Impulsivity

A trait signifying a tendency to act on a whim, displaying behavior characterized by little or no forethought, reflection, or consideration of the consequences.

Biopsychosocial Approach

A holistic perspective in health and illness considering biological, psychological, and social factors as interconnected influences.

DSM-IV-TR

The American Psychiatric Association’s Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, updated as a 2000 “text revision”; a widely used system for classifying psychological disorders.

Medical Model

A framework in which psychological disorders are treated as medical diseases, emphasizing diagnosis, treatment, and cure.