RACE Mutual Fund Is a No-Load Fund That Had a Net

question 12

Essay

RACE Mutual fund is a no-load fund that had a net asset value of $25.60 one year ago.Today,the net asset value (NAV)is $28.83.During the year,dividends of $0.72 were paid out and a capital gain distribution of $0.65 was made.Calculate the approximate yield for RACE.(Show all work.)

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Definitions:

Basal Ganglia

A group of nuclei in the brain involved in the coordination of movement and aspects of learning and emotion.

Cortex

The outermost layer of the brain, involved in complex functions including memory, attention, perception, cognition, awareness, thought, language, and consciousness.

Huntington's Disease

A hereditary and degenerative brain disorder that affects movement, cognitive functions, and emotions, leading to physical and mental decline.

Demonological Model

An ancient way of understanding psychological disorders that attributes them to the possession by evil spirits or demons.