Alex Invested $10,000 in a Mutual Fund Two and One-Half

question 9

Multiple Choice

Alex invested $10,000 in a mutual fund two and one-half years ago when the NAV of the fund was $25. Today, the NAV has risen to $28.30. Since the time of his original investment, Alex has obtained an additional 54.36 shares by reinvesting the fund distributions. The fund charges a contingent deferred sales charge of 7 percent the first year with the charge decreasing by 1 percent each year. How much money will he receive if he redeems his shares today?

• A) $11,633.78
• B) $11,930.52
• C) $12,215.47
• D) $12,858.39
• E) $13,501.31

Understand the importance of beginning the planning process with a comprehensive situation analysis.

Recognize the potential issues with overly narrow mission statements and their impact on strategy and opportunity identification.

Comprehend the purpose and importance of the executive summary in a marketing plan and its value to readers.

Describe the role of evaluation and control in the marketing planning process and how it guides firms like Motorola in making strategic adjustments.

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Definitions:

Traumatized Individuals

Persons who have experienced or witnessed events that have caused psychological trauma, affecting their emotional and mental well-being.

In Vivo

Latin for "within the living," referring to a therapy technique, experiment, or observation conducted in a real-world setting as opposed to a controlled environment.

Imaginal

Relating to the imagination or imagery, often used in therapeutic contexts to describe visualization techniques or imagined scenarios for coping or healing.

Observing Others

The act of carefully watching the behaviors, actions, or reactions of individuals or groups to gain insight or understanding.