You Invested $1,000 in a Mutual Fund with a 4

question 82

Multiple Choice

You invested $1,000 in a mutual fund with a 4% load when the NAV was $20 per share. If you sell your shares at an NAV of $24 per share, what is the return on your investment?

• A) 14.8%
• B) 15%
• C) 12.5%
• D) 10.8%

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Definitions:

Chronic Villus Sampling

A prenatal test in which a small sample of the chorionic villi is taken from the placenta for testing.

Amniocentesis

is a medical procedure used in prenatal diagnosis, where a small amount of amniotic fluid is sampled from the amniotic sac around a developing fetus to test for genetic conditions and diseases.

Apgar Screen

A method used to quickly assess the health of a newborn immediately after birth, covering criteria like heart rate, respiration, muscle tone, reflex response, and color.

Polygenic Inheritance

Inheritance in which a combination of multiple gene pairs is responsible for the production of a particular trait.