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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?


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Type

A category or class of people or things with common characteristics or attributes.

Interview Method

is a qualitative research technique that involves direct questioning of participants to obtain data about their beliefs, attitudes, experiences, or behavior.

Objective Research

A method of inquiry that seeks to collect and analyze data without bias, focusing on observable phenomena and facts.

Partial Picture

An incomplete or fragmented view of something, lacking full understanding or comprehensive details.

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