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16. A mutual fund has NAV of $40 at the beginning of the month. Suppose the fund distributed
capital gain of $5 per share and income of $1 per share during the month. The return of the fund
during this month is 0.1 . What the NAV at the end of the month is?

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16- A mutual fund has NAV of $40 at the beginning of the month- Suppos.docx

  • 1. 16. A mutual fund has NAV of $40 at the beginning of the month. Suppose the fund distributed capital gain of $5 per share and income of $1 per share during the month. The return of the fund during this month is 0.1 . What the NAV at the end of the month is?