The Junk Bond/Aggressive Growth Stock Blend fund of the ABC Investment Company of America has $100 million in assets, $20 million in liabilities and has 2,000,000 shares outstanding. What is the NAV of a single share this fund?

Every year, you will pay taxes on:

The distributions of an open-ended mutual fund.

The gains in the unrealized value of the shares of a closed-end mutual fund.

neither of the above

both of the above

Which of the following funds will have the highest potential rate of return?

Emerging Market fund

Long Term Corporate Bond fund

Large Growth fund

Blue Chip and Income Blend fund