RACE Mutual Fund Is a No-Load Fund That Had a Net

question 20

Essay

RACE Mutual fund is a no-load fund that had a net asset value one year ago of $25.60.Today the NAV is $28.83.During the year dividends of $0.72 were paid out and a capital gains distribution of $0.65 was made.Calculate the approximate yield for RACE.

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Definitions:

Pons

A part of the brainstem involved in relaying signals between the brain and spinal cord, as well as controlling functions like sleep and respiration.

Lateral Eye Movements

Movements of the eyes to the left or right, controlled by the lateral and medial rectus muscles.

Sensory Information

Data received and processed by the sensory organs, such as sight, sound, touch, taste, and smell, which is then sent to the brain.

Homeostasis

The process by which a living organism regulates its internal environment to maintain a stable, constant condition.