The Net Asset Value of a Mutual Fund Increased from $12.03

question 116

Multiple Choice

The net asset value of a mutual fund increased from $12.03 to $13.53, but its price per share increased by only $1.26. This information indicates that the fund

• A) paid out $1 in capital gains.
• B) paid out $1 in dividends.
• C) is a closed-end fund.
• D) is an open-end fund.

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Definitions:

Conduct Disorder

Conduct Disorder is a serious behavioral and emotional disorder in children and adolescents marked by aggression, destructiveness, deception, and violation of rules and social norms.

Enuresis

A condition typically seen in children, characterized by involuntary urination, especially during sleep, also known as bedwetting.

Encopresis

A condition in children characterized by involuntary defecation in inappropriate places, after the age when bowel control is typically achieved.

Autism Spectrum Disorder

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted and repetitive patterns of behavior or interests.