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Author Question: Two mutual funds are quoted as follows.Given these quotes, which one of the following is true? (Read 44 times)

Mscarter

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on: Mar 29, 2022

Question 1

The net asset value of a mutual fund increased from $12.03 to $13.53, but its price per share increased by only $1.26. This information indicates that the fund
◦ paid out $1 in capital gains.
◦ paid out $1 in dividends.
◦ is a closed-end fund.
◦ is an open-end fund.

Question 2

Two mutual funds are quoted as follows.



Given these quotes, which one of the following is true?
◦ Both funds are load funds.
◦ Fund A is a no-load fund.
◦ Fund B is a no-load fund.
◦ Both funds are no-load funds.
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Marked as best answer by Mscarter on Mar 29, 2022

ElaneShive

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Reply #1 on: Mar 29, 2022
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This really is helpful if you have clipped a ton of coupons will all be in one place so you're not paying a lot of time uncovering them. homesite

Mscarter

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Reply 2 on: Mar 29, 2022
Wow, this really help

LegendaryAnswers

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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