Examlex

Solved

A Mutual Fund Had NAV Per Share of $36

question 37

Multiple Choice

A mutual fund had NAV per share of $36.15 on January 1, 2016. On December 31 of the same year, the fund's rate of return for the year was 14.0%. Income distributions were $1.16, and the fund had capital gain distributions of $2.12. Without considering taxes and transactions costs, what ending NAV would you calculate?


Definitions:

Personal Power

The ability to influence or control the behavior of others through personal attributes or skills, rather than through formal authority.

Legitimate Power

The authority a leader has by virtue of their position or role within an organization.

Supervisor Using

The methods or approaches a supervisor employs in managing, guiding, and supporting their subordinates.

Work Weekends

The practice of engaging in professional or job-related activities during the weekend days, which are traditionally considered part of the rest period.

Related Questions