Find the NAV Amount from the Previous Day, Given the Following

question 5

Short Answer

Find the NAV amount from the previous day, given the following from a Mutual Fund Quotation:
$\begin{array}{|l|l|l|l|}\hline&&\text { Net } & \text { YTD }\\\hline \text { Fund } & \text { NAV } & \text { Chg } & \% \text { Ret } \\\hline \text { BabyCon } & 28.2 & -0.25 & 5.2\\\hline\end{array}$

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Definitions:

Unwanted Response

A behavior or reaction that is not desired or intended in a particular context or situation.

Mowrer's Two-Factor Theory

A theory that combines both classical and operant conditioning to explain the development and maintenance of phobias.

Punishment

A consequence that decreases the likelihood of a behavior being repeated by applying an undesirable stimulus or removing a desirable one.

Matching Law

A principle that states the proportion of responses allocated to a particular option matches the proportion of reinforcements obtained from that option.