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Based on the information in the table, compute the approximate yield for each of the two funds that follow. Mutual Fund 1 Mutual Fund 2

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Based on the information in the table, compute the approximate yield for each of the two funds that follow. Mutual Fund 1 Mutual Fund 2 Annual dividends and capital gains distributions Beginning mutual fund share price Ending mutual fund share price The approximate yield for Mutual Fund 1 is 22.22% O False 18.90% 23.63% $0.95 $60 $75 $2.65 $114 $138 and the approximate yield for Mutual Fund 2 is 5.99% 17.98% 21.15% 4.56% 19.05% True or False: For these investments to be equally attractive, Mutual Fund 1 must carry a lower risk than Mutual Fund 2. True

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