In January, 1992, the NAV for a Fund Was $15

question 56

Multiple Choice

In January, 1992, the NAV for a fund was $15. Over the year it paid no dividends but distributed a capital gain of $.80. At the end of the year, the NAV was $17.50. The rate of return for the year was

• A) 22%.
• B) 14.2%.
• C) 17.4%.
• D) 20%.

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Definitions:

CRM Business Philosophy

This refers to an approach in business that prioritizes the management of relationships and interactions with customers using Customer Relationship Management practices and technologies to improve customer satisfaction and retention.

Relational Orientation

A focus or strategy in business and marketing that emphasizes building long-term relationships with customers rather than focusing solely on individual transactions.

Value-based Marketing

A marketing strategy focused on providing products or services that offer superior value to customers, aligning with their values and needs for lasting relationships.

Market-oriented

A business approach focusing on understanding and meeting the desires and needs of its customers through its product mix.