You purchased shares of a mutual fund at a price of \$12 per share at the beginning of the year and paid a front-end load of 4.75%. If the securities in which the fund invested increased in value by 9% during the year, and the fund's expense ratio was 1.5%, your return if you sold the fund at the end of the year would be_____%.

the capital gain yield during the period, plus the inflation rate

the change in stock price

the dividend yield, plus the risk premium

the capital gain yield during the period, plus the dividend yield

the current yield, plus the dividend yield

None of these is correct

cannot be known with perfect certainty

can be calculated precisely with the use of advanced calculus

allow the advisor to create more suitable portfolios for the client

cannot be known with perfect certainty but they do allow the advisor to create more suitable portfolios for the client

will increase as the rate of return increases

will decrease as the rate of return increases

will decrease as the standard deviation decreases

will increase as the variance increases

will decrease as the variance decreases

assessing the effects of inflation

measuring the standard deviation of returns

understanding how returns increase relative to risk increases

analyzing returns on variable rate bonds

None of these is correct

all investors will have the same portfolio asset allocations

investors would perform vastly different levels of security analysis

investors will hold varying amounts of the risky asset in their portfolios

investors will hold varying amounts of the risk-free asset in their portfolios

investors will hold varying amounts of the risky asset and the risk-free asset in their portfolios

change the standard deviation of the portfolio and find the expected return the investor would require to maintain the same utility level

change the risk-free rate and find the utility level that results in the same standard deviation

change the expected return of the portfolio and equate the utility to the standard deviation

find another utility level with 0% risk

find the utility of a portfolio with 0% in the risk-free asset

244,42 đô la

21,60 đô la

24,11 đô la

26,56 đô la

Chi phí nợ

Lãi suất trung bình

Chi phí vốn trung bình (WACC)

Tỷ lệ lợi nhuận yêu cầu được tính toán từ mô hình CAPM

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