10. POJ Incorporated purchased 100 shares of Gll mutual fund at a NAV of $42.00 per share During the year, POJ received dividend income distributions of $2.00 per share and capital gains distributions of $4.30 per share. At the end of the year, the shares had a NAV of $40.00. What was POJ's rate of return on this investment? a. b. c. d. e. f. 5.43% 10.24% 7.19% 12.44% 9.18% 9.97% 11. Assume that you purchased shares of a mutual fund at a NAV of $14.50 per share During the year, you received dividend income distribution of .27 cents and capital gains of 0.65 cents. At the end of the year, the shares had a NAV of $13.74 per share. What was your rate of return on this investment? a. 2.91% b. 3.07% c. 1.10% d. 1.17% e. 1.78% -1.18% 12. A mutual fund had year-end assets of $560,000,000 and liabilities of $26,000,000. There were 23,850,000 shares in the fund at year end. What was the mutual funds NAV? a. $22.87 b. $22.39 c. $22.24 d. $17.61 e. $19.25 f. $22.12