Multiple Choice
Total returns on mutual funds can be calculated by adding dividends distributed,capital gains distributed,and ________ and dividing this sum by the beginning NAV.
A) beginning NAV - ending NAV
B) ending NAV - beginning NAV
C) dividends undistributed + capital gains undistributed
D) beginning NAV + ending NAV
E) ending NAV + beginning NAV
Correct Answer:
Verified
Correct Answer:
Verified
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