One Year Ago, You Purchased $5,000 Worth of a Mutual

question 6

Multiple Choice

One year ago, you purchased $5,000 worth of a mutual fund at an offering price of $42.09 a share. Today, the fund distributed $0.18 in short-term gains and $1.79 in long-term gains. The current offering price is $43.80. The fund has a front-end load of 5 percent and total annual operating expenses of 1.3 percent. What is your rate of return on this investment?

• A) 2.87 percent
• B) 3.54 percent
• C) 6.06 percent
• D) 8.74 percent
• E) 9.91 percent

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Definitions:

Castration Anxiety

The male child’s fear of being castrated by the father.

Penis Envy

The idea that girls desire to have penises.

Psychodynamic Perspective

A theory in psychology which posits that unconscious psychological processes shape feelings, thoughts, and behaviors.

Electra Complex

The daughter’s love for her father and wish for her mother’s death; attributed to Carl Jung.