Eveningstar Open-End Fund Has 1,000 Shares Outstanding and Has the Following

question 13

Multiple Choice

Eveningstar open-end fund has 1,000 shares outstanding and has the following assets in its portfolio: 100 shares of Procter & Gamble (P&G) priced at $30.00, 300 shares of Intel priced at $50.00 and 200 shares of Microsoft priced at $60.00. The Morningstar closed-end fund has the following stocks in its portfolio: 300 shares of P&G and 300 shares of Microsoft. It has a total of 500 shares outstanding. What is the NAV of both funds?

• A)$30.33 and $13.50.
• B)$60.00 and $27.00.
• C)$30.00 and $54.00.
• D)$46.67 and $45.00.
• E)$15.00 and $54.00.

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Definitions:

Barber and Spanos

Researchers known for their work in the field of hypnotism, particularly for studies that distinguish between traditional hypnotic induction and role-playing in hypnosis.

Age-Regression

A psychological phenomenon in which an individual reverts to a previous state of mental development or relives experiences from a past age or life stage.

Hypnotized

A trance-like state resembling sleep, typically induced by a therapist by focusing a person's attention, that heightens their suggestibility, memory, and imagination.

Freudian Terms

Concepts and theories developed by Sigmund Freud that focus on the unconscious mind, psychosexual stages, and defense mechanisms among others.