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A mutual fund has 450 shares of General Electric, currently trading at $17, and 450 shares of Microsoft, Inc., currently trading at $25. The fund

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A mutual fund has 450 shares of General Electric, currently trading at $17, and 450 shares of Microsoft, Inc., currently trading at $25. The fund has 1,000 shares outstanding. If investors expect the price of General Electric to increase to $20 and the price of Microsoft to decline to $14 by the end of the year, what is the expected NAV at the end of the year? O A. $15.30 O B. $22.00 O C. $18.90 OD. $19.05 An investor purchases a mutual fund share for $80. The fund pays dividends of $2.40, distributes a capital gain of $6, and charges a fee of $6 when the fund is sold one year later for $81.60. What is the net rate of return from this investment? O A. 4.12% O B. 6.12% O C.3.25% O D.5.00% Below is information from 3 closed-end mutual funds. Complete the missing information. Fund NAV Close Prem/Disc 4.55 4.8 Good Equity Fund So-So Mixed Funds Bummer Bond Fund [A] 15.65 17.01 [B] [C] 17.55 -5.4 O A. [A] = $4.88 B1 = -8.00% [C] = $18.55 O B.[A] = $4.77 [B] = -8.00% [C] = $18.55 O C. [A] = $4.77 [B] = -6.00% [C] = $18.55 O D.[A] = $4.77 [B] = -8.00% [C] = $17.56

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