An Environmentally-Friendly Balanced Mutual Fund Began the Year with a Net

question 79

Essay

An environmentally-friendly balanced mutual fund began the year with a net asset value (NAV) of $12.25 per share. During the year, it received $1.00 of dividend and interest income, $0.25 in realized capital gains, and $0.50 in unrealized capital gains. Ninety percent of the income and all of the realized capital gain were distributed to shareholders. Calculate the year-end NAV.

---

Definitions:

MORAL Model

A decision-making framework often used in healthcare to navigate ethical dilemmas by outlining a series of steps to arrive at a moral decision.

Abortion

The medical or surgical termination of a pregnancy before the fetus can survive outside the uterus.

Ethical Duty

The obligation to adhere to moral principles and standards in decision-making and actions.

Ethical Dilemma

A situation in which a person must choose between two or more morally correct but mutually exclusive actions.