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drop downs are: first question- 4.56%; 23.63%; 19.90%; or 21.15% second question- 5.99%; 17.98%; 21.15%, or 23.63% Using Approximate Yield with Mutual Funds The formula

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drop downs are:
first question- 4.56%; 23.63%; 19.90%; or 21.15%
second question- 5.99%; 17.98%; 21.15%, or 23.63%
Using Approximate Yield with Mutual Funds The formula for approximate yield of an investment can look intimidating, but it's just a function of three things (1) dividends earned, (2) capital gains dintributions received, and (3) change in share price. Based on the information in the table, compute the approximate yield for each of the two funds that follow Annual dividends and capital gains distribution Beginning mutual fund share price Ending mutual fund share price Mutual Fund 1 Mutual Fund 2 $0.95 $2.65 $60 $114 $75 $130 The approximate yield for Mutual Fund 1 is and the appreciate yield for Mutual Fund 2 True or Falue: For these investments to be equally attractive, Mutual Fund 1 must carry a lower risk than Mutual Fund 2. True @ False

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