Aclosed-end fund starts the year with a net asset value of $12.00. by year-end, nav equals $12.10. at the beginning of the year, the fund was selling at a 2% premium to nav. by the end of the year, the fund is selling at a 7% discount to nav. the fund paid year-end distributions of income and capital gains of $1.50. a. what is the rate of return to an investor in the fund during the year? b. what would have been the rate of return to an investor who held the same securities as the fund manager during the year?

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.