What Is the Total Return for a Mutual Fund with the Following

question 113

Multiple Choice

What is the total return for a mutual fund with the following characteristics?
Beginning NAV = $55.82
Ending NAV = $70.52
Dividends distributed = $2.25
Capital gains distributed = $3.50

• A)29.71%
• B)30.82%
• C)32.26%
• D)36.64%

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Definitions:

Probabilistic

Pertaining to the use of or grounded in the theory of probability and the randomness of outcomes.

Stratified

A sampling method that involves dividing a population into smaller groups, known as strata, that share similar characteristics.

Cluster

A grouping of similar items, individuals, or data points among a set of data.

Standard Error

Standard Error is the standard deviation of the sampling distribution of a statistic, often used to measure the accuracy with which a sample reflects a population.