An investor purchases a mutual fund share for $100. The fund pays dividends of $3, distributes a

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An investor purchases a mutual fund share for $100. The fund pays dividends of $3, distributes a capital gain of $4, and charges a fee of $2 when the fund is sold one year later for $105. What is the net rate of return from this investment?

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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Question Posted: Jul 26, 2024 03:02 AM

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An investor purchases a mutual fund share for $100. The fund pays dividends of $3, distributes a

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ISE Financial Markets And Institutions

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