USE THE FOLLOWING INFORMATION FOR THE NEXT $3$ QUESTIONS:

Consider a no$-$load mutual fund with $$900$ million in assets and $24$ million shares at the start of the year, and $$1,040$ million in assets and $16\mathrm{.}42$ million shares at the end of the year. During the year investors have received income distributions of $$4\mathrm{.}50$ per share, and capital gains distributions of $$3\mathrm{.}14$ per share. Assume that the fund carries no debt.

$8.$ SHOW YOUR WORK & WRITE YOUR ANSWER CHOICE HERE $.$ What is the NAV at the START of the year?

$9.$ SHOW YOUR WORK & WRITE YOUR ANSWER CHOICE HERE What is the NAV at the END of the year?

$10.$ SHOW YOUR WORK & WRITE YOUR ANSWER CHOICE HERE What is the rate of return on the fund?