One Year Ago, $13,000 Was Invested in Units of a Mutual

question 182

Short Answer

One year ago, $13,000 was invested in units of a mutual fund. The units paid a distribution of $260 during the year, but the mutual fund units are now worth only $11,400. What has been the:
a. Income yield?
b. Capital gain yield?
c. Rate of total return?

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Definitions:

Nutritional Intake

The consumption of food and drink considered in terms of its qualities, composition, and its effects on health.

Anorexia

A psychological and potentially life-threatening eating disorder characterized by an obsession with food, weight loss, and controlling eating habits.

Weber's Test

A diagnostic test in audiology to detect unilateral (one-sided) conductive hearing loss and sensorineural hearing loss by comparing sound lateralization between the two ears.

Tuning Fork

A tool that vibrates at a fixed pitch when struck, used in medical examinations to assess hearing and vibratory sensation.