Assume that one year ago you bought 100 shares of a mutual fund for $13.50 per share,

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Assume that one year ago you bought 100 shares of a mutual fund for $13.50 per share, you received $0.42 per share capital gain distribution during the past 12 months, and the market value of the fund is now $17. Calculate the total return for this investment if you were to sell it now.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Personal Finance

ISBN: 978-0077861643

11th edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

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