Five Months Ago,you Purchased 200 Shares of a Mutual Fund

question 12

Multiple Choice

Five months ago,you purchased 200 shares of a mutual fund at an offering price of $54 a share.The fund imposes a front-end load of 4.5 percent and has total annual expenses of 1.08 percent.The NAV of the fund today is $52.40.There were no fund distributions during these five months.What is your holding period return on this investment?

• A) -2.96 percent
• B) -1.92 percent
• C) 1.44 percent
• D) 1.89 percent
• E) 2.26 percent

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Definitions:

Constitutional Isomers

Molecules that share the same molecular formula but differ in the connectivity of their atoms, leading to different structural forms.

Isomeric

Describes molecules that have the same molecular formula but different arrangements of atoms, resulting in different properties.

Cis-trans Isomers

Stereoisomers that have the same formula but differ in the orientation of substituent groups across a double bond or cyclic structure.

Constitutional Isomers

Compounds that have the same molecular formula but differ in the connectivity of their atoms.