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:

J. Stacy Adams

An American behavioral and workplace psychologist, known for developing equity theory on job motivation and satisfaction.

Process Theories

Theories focusing on the psychological and behavioral processes that motivate individuals to act in certain ways.

Content Theories

Theories that focus on understanding what motivates individuals by identifying specific factors that stimulate motivation.

Decision Making Theories

The study of the processes by which individuals come to make decisions, including models and approaches to understand these processes.