0. A mutual fund has a current offering price of $39.30. What's the net asset value if the fund has a 2.5 percent front-end load? A. $38.32 B. $83.32 C. $58.95 D. $98.25

The duration of a six-month Treasury futures contract is 6.57 years. What is the duration of the underlying Treasury note? A. 6.57 years B. 7.07 years C. 6.32 years D. 6.07 years

A firm has a dividend payout ratio of 35 percent and annual dividends of $1.22 per share. What's the firm's retention ratio? A. 0.35 B. 0.45 C. 0.43 D. 0.65