Evaluating the performance of a mutual fund involves which of the foll

Evaluating the performance of a mutual fund involves which of the following activities?
I. Determining its rate of return
II. Calculating its net asset value
III. Examining its turnover ratio
IV. Examining its administrative expenses

A)

I and II
B)

I, III, and IV
C)

II, III, and IV
D)

All four

ANSWER

B