【正文】 what ending NAV would you calculate for Investors39。$B.$D.$They offer a variety of investment styles.B.They treat ine as passed through to the investor for tax purposes.D.None of the options is an advantage of mutual funds.An increase in the number of fund shares outstandingB.s accounts payableC.s managementD.s stocksI and IVB.I, III, and IVD.I, II, III, and IVJargon used to be an openend fund but has now bee a closedend fund.B.Jargon has always been a closedend fund and will remain a closedend fund.D.t accept additional funds from current investors.E.28.As of 2012 which class of mutual funds had the largest amount of assets invested?A.Bond fundsC.Money market fundsE.29.Commingled funds areA.funds that may be purchased at intervals of 3, 6, or 12 months at the discretion of management.C.closedend funds that may be repurchased only once every two years at the discretion of mutual fund management.E.30.Which of the following is true regarding equity mutual funds?I) They invest primarily in stock.II) They may hold fixedine securities as well as stock.III) Most hold money market securities as well as stock.IV) Two types of equity funds are ine funds and growth funds.A.I, III, and IVC.I, II, and IIIE.31.The fee that mutual funds use to help pay for advertising and promotional literature is called aA.backend load fee.C.12b1 fee.E.32.Patty O39。s rate of return on this investment?A.%C.%E.33.Assume that you purchased 200 shares of Super Performing mutual fund at a net asset value of $21 per share. During the year you received dividend ine distributions of $ per share and capital gains distributions of $ per share. At the end of the year the shares had a net asset value of $23 per share. What was your rate of return on this investment?A.%C.%E.34.Assume that you purchased shares of High Flying mutual fund at a net asset value of $ per share. During the year you received dividend ine distributions of $ per share and capital gains distributions of $ per share. At the end of the year the shares had a net asset value of $ per share. What was your rate of return on this investment?A.%C.%E.35.Assume that you purchased shares of a mutual fund at a net asset value of $ per share. During the year you received dividend ine distributions of $ per share and capital gains distributions of $ per share. At the end of the year the shares had a net asset value of $ per share. What was your rate of return on this investment?A.%C.%E.36.Assume that you purchased shares of a mutual fund at a net asset value of $ per share. During the year you received dividend ine distributions of $ per share and capital gains distributions of $ per share. At the end of the year the shares had a net asset value of $ per share. What was your rate of return on this investment?A.%C.%E.37.A mutual fund had yearend assets of $560,000,000 and liabilities of $26,000,000. There were 23,850,000 shares in the fund at yearend. What was the mutual fund39。$B.$D.$s net asset value?A.$C.$E.39.A mutual fund had yearend assets of $700,000,000 and liabilities of $7,000,000. There were 40,150,000 shares in the fund at yearend. What was the mutual fund39。$B.$D.$s net asset value?A.$C.$E.41.A mutual fund had yearend assets of $465,000,000 and liabilities of $37,000,000. If the fund NAV was $, how many shares must have been held in the fund?A.6,488,372C.7,626,515E.42.A mutual fund had yearend assets of $521,000,000 and liabilities of $63,000,000. If the fund NAV was $, how many shares must have been held in the fund?A.16,488,372C.17,542,51511,354,751B.10,165,476D.9,219,1606,653,360B.10,165,476D.9,219,160s NAV was $. Ine distributions were $ and the fund had capital gain distributions of $. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year?A.%C.%E.46.A mutual fund had NAV per share of $ on January 1, 2012. On December 31 of the same year the fund39。%B.%D.%s rate of return for the year was %. Ine distributions were $ and the fund had capital gain distributions of $. Without considering taxes and transactions costs, what ending NAV would you calculate?A.$C.$E.48.A mutual fund had NAV per share of $ on January 1, 2012. On December 31 of the same year the fund39。$B.$D.$s rate of return for the year was %. Ine distributions were $ and the fund had capital gain distributions of $. Without considering taxes and transactions costs, what ending NAV would you calculate?A.$C.$E.50.A mutual fund had NAV per share of $ on January 1, 2012. On December 31 of the same year the fund39。$B.$D.$hedge funds are only subject to minimal SEC regulation.B.hedge fund managers can pursue strategies not available to mutual funds, such as short selling, heavy use of derivatives, and leverage.D.All of the optionsinternational funds.B.regional funds.D.53.Of the following types of mutual funds, an investor who wishes to invest in a diversified portfolio of foreign stocks (excluding the .) should chooseA.global funds.C.emerging market funds.P 500 should chooseA.DIA.C.IWM.E.55.Of the following types of ETFs, an investor who wishes to invest in a diversified portfolio that tracks the Dow Jones Industrials should chooseA.DIA.C.IWM.E.56.Of th