An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital

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An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital gain of $2, and charges a fee of $2 when the fund is sold one year later for $52.50. What is the net rate of return from this investment? (LG 17-5)

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jul 25, 2024 08:06 AM

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An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital

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Financial Markets And Institutions

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