QUESTION 10 A mutual fund has 372 million dollars in assets, 62 million in liabilities, and 28 million shares outstanding. What is the Net Asset Value per share? QUESTION 11 A fund has $870 million dollars of assets, $35 million of liabilities, and 14 million shares outstanding. During the year the fund made qualified dividend distributions of $1.6 per share, long term capital gains distributions of $1.2, and short-term capital gains distributions of $2.6. What is the after-tax distribution yield, if your m tax rate is 35%, and your long term capital gains tax rate (which also applies to qualified dividends) is 15%? Enter answer in percents, accurate to two decimal places. Extra: How does that compare with pre-tax yield? What are the criteria for dividends to be "qualified" under current tax laws? QUESTION 12 A call option on a stock, with time to maturity of 2 months and strike price of $25.99, is currently trading at a premium of $1.4 per share. If you buy options on 20,000 shares (200 contracts), and then at maturity the stock is trading at $21.43, what is your net profit from this position