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a. An investor purchases shares in a no load mutual fund for its net asset value of $26 and during the year receives cash distributions of $1. After one year the investor redeems the shares for $32. What is the percentage return on the investment?
a. and
b. The net asset value of shares in a closed-end investment company is $26. An investor buys the shares for $23 in the secondary market. During the year the company distributes $1. After one year, the net asset rises to $32, and the investor sells the shares for $34 in the secondary market. What is the percentage return on the investment?
b., the net asset value rises from $26 to $32 and the company distributed $1. Why are the percentage returns different?
c. In both
Body Temperature
The measure of the body's ability to generate and get rid of heat, essential for the proper function of enzymes and bodily processes.
Boiling
The rapid vaporization of a liquid when it is heated to its boiling point, the temperature at which it changes phase from liquid to gas.
Fahrenheit
A scale for measuring temperature where 32°F is the point at which water freezes and 212°F is the point at which it boils under normal atmospheric pressure.
Hypothalamus
A region of the brain that controls an enormous number of bodily functions including emotions, the autonomic nervous system, and the endocrine system.
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