Question: Homework: Chapter 12: Mutual Funds and ETFs Save Score: 0 of 10 pts 4 of 18 (3 complete) HW Score: 22.22%, 10 of 45 pt

Homework: Chapter 12: Mutual Funds and ETFs Save Score: 0 of 10 pts 4 of 18 (3 complete) HW Score: 22.22%, 10 of 45 pt P12.8 (book/static) Question Help The Well-Managed Closed-End Fund turned in the following performance for the year 2016: a. Based on this information, what was the NAV-based HPR for the WMCEF in 2016? b. Find the percentage (%) premium or discount at which the fund was trading at the beginning of the year and at the end of the year. Note: For a discount enter a negative value. c. What was the market-based HPR for the fund in 2016? Did the market premium or discount add to or hurt the holding period return on this CEF? Explain a. The NAV-based HPR for the WMCEF in 2016 is %. (Round to two decimal places.) Data Table Click on the icon located on the top-right corner of the data table below in order to copy its contents into a Item NAV Market price of the fund shares Dividends paid over the year Capital gains distributed over the year Beginning of the Year $7.50 $7.75 $0.00 $0.00 End of the Year $9.25 $9.00 $1.20 S0.90 Print Done Enter your answer in the answer box and then click Check Answer Clear All Check
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