Here are the NAVS for a no-load mutual fund that paid no distributions: April 2 NAV=$11.5 Apr 3 NAV=$12.5 Apr 4 NAV=$12.1 Apr 5 NAV=$13.5 What is your return if you buy the fund on April 2 at 10am and...


Here are the NAVS for a no-load mutual fund<br>that paid no distributions:<br>April 2 NAV=$11.5 Apr 3 NAV=$12.5 Apr 4<br>NAV=$12.1 Apr 5 NAV=$13.5<br>What is your return if you buy the fund on<br>April 2 at 10am and sell it on Apr 4 at 5pm?<br>17.39%<br>5.22%<br>8%<br>-3.2%<br>

Extracted text: Here are the NAVS for a no-load mutual fund that paid no distributions: April 2 NAV=$11.5 Apr 3 NAV=$12.5 Apr 4 NAV=$12.1 Apr 5 NAV=$13.5 What is your return if you buy the fund on April 2 at 10am and sell it on Apr 4 at 5pm? 17.39% 5.22% 8% -3.2%

Jun 09, 2022
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