Six Years Ago, Angie Invested $50,000 That She Inherited from Her

question 339

Multiple Choice

Six years ago, Angie invested $50,000 that she inherited from her grandfather into a growth stock mutual fund. Each share of the fund cost $22/share. Yesterday, she perused a mutual fund quote on the Internet. The quotation showed (1) Year To Date Return; (2) Yield; (3) Net Asset Value; (4) Previous Close. Which of these will provide her with an indication of the present price per share she can expect to realize if she calls her broker tomorrow morning and asks her to sell the shares?

• A) Year to Date Return
• B) Yield
• C) Net Asset Value
• D) Previous Close

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