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A Mutual Fund Had NAV Per Share of $37

question 15

Multiple Choice

A mutual fund had NAV per share of $37.12 on January 1, 2016. On December 31 of the same year, the fund's rate of return for the year was 11.0%. Income distributions were $2.26, and the fund had capital gain distributions of $1.64. Without considering taxes and transactions costs, what ending NAV would you calculate?


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Ethical and practical considerations surrounding the processes of dying, such as medical decision-making and palliative care.

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