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poizon [28]
2 years ago
10

Corporate Fund started the year with a net asset value of $12.90. By year-end, its NAV equaled $12.30. The fund paid year-end di

stributions of income and capital gains of $1.40. What was the rate of return to an investor in the fund
Business
1 answer:
maxonik [38]2 years ago
4 0

Answer:

6.201%

Explanation:

Given that,

Net asset value = $12.90

By year-end net asset value = $12.30

Fund paid year-end distributions of income and capital gains = $1.40

change in NAV:

= By year-end net asset value - Net asset value

=  $12.30 - $12.90

= -$0.6

Rate of Return:

= (change in net asset value + Distributions) ÷ Start of Year net asset value

= ( -$0.6 + $1.40) ÷ $12.90

= 0.8 ÷  $12.90

= 0.06201 or 6.201%

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Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $4,538. The F
Valentin [98]

Answer:

$1,027.86

Explanation:

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3 years ago
The MU/P ratio for good X is greater than the MU/P ratio for good Y. To achieve consumer equilibrium, the consumer reallocates d
uysha [10]

Answer:

Falls:rises.

Explanation:

The MU/P (Marginal Utility/Price) ratio for good X is greater than the MU/P (Marginal Utility/Price) ratio for good Y. To achieve consumer equilibrium, the consumer reallocates dollars from the purchase of good Y to the purchase of good X. If the law of diminishing marginal utility holds, the marginal utility of good X falls and the marginal utility of good Y rises.

The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

Also, the marginal utility of goods and services is the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.

Hence, the marginal utility of good X falls and the marginal utility of good Y rises because the consumer no longer derive satisfaction or benefits (utility) from the consumption of good X while he would switch to good Y for satisfaction.

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3 years ago
The product is shown without a decimal point. Where should the decimal point be placed?
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Answer:B Place the decimal point after 2

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2 years ago
Companies create a division of labor among employees in order to: 0 a. allow each employee to perform one task at a high level.
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Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

<h3>What is division of labor?</h3>

It involves Sharing of duties or job among individuals or employee.

An employee is allowed to handle a particular task for efficiency.

Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

Learn more on labor below?

brainly.com/question/25803580

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