Allen Fund Had NAV Values of $9,$10,and $12 at the Beginning,middle,and

question 70

Multiple Choice

Allen Fund had NAV values of $9,$10,and $12 at the beginning,middle,and end of last year,respectively.It made a $1.00 per share distribution at mid-year.The average annual total return of the fund for the year is

• A)33.33%.
• B)44.44%.
• C)46.67%.
• D)55.55%.

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Definitions:

Subdatasheet

A feature in database applications that allows for displaying a datasheet within another datasheet, enabling a hierarchical view of related data.

One-to-many Relationship

A situation in database design where a record in one table can relate to many records in another table, showing a hierarchical association.

Currency Field

A specific type of data field in databases or forms used to store monetary values, often including features to handle various currency symbols and formats.

Decimal Places

Refers to the number of digits to the right of the decimal point in a decimal number, indicating its precision.