11. Three years ago, James Matheson bought 200 shares of a mutual fund for $23 a share....
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11. Three years ago, James Matheson bought 200 shares of a mutual fund for $23 a share. During the three-year period, he received total income dividends of $0.92 per share. He also received total capital gain distributions of $0.80 per share during the three-year period. At the end of three years, he sold his shares for $29 a share. What was his total return for this investment? (LO13.4)
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Mehwish Aziz
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