An Environmentally-Friendly Balanced Mutual Fund Began the Year with a Net

question 38

Essay

An environmentally-friendly balanced mutual fund began the year with a net asset value (NAV) of $12.25 per share. During the year it received $1.00 dividend and interest income, $0.25 in realized capital gains, and $0.50 in unrealized capital gains. Ninety percent of the income and all of the realized capital gain were distributed to shareholders. Calculate the year-end NAV.

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Definitions:

Successful

Achieving a desired goal or objective through effort, skill, or courage, often recognized by society through various forms of reward or acknowledgment.

Girl's Toy

Toy products designed and marketed specifically for girls, often characterized by their color, themes, and the types of imaginative play they encourage.

Father's View

The perspective or attitude of a father, which can influence family dynamics and decision-making.

Preschool Boy

A male child attending preschool, typically between the ages of 3 to 5 years, during the early stages of education and development.