10. Mutual Fund Returns (LO2, CFA2) You invested $10,000 in a mutual fund at the beginning of...
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10. Mutual Fund Returns (LO2, CFA2) You invested $10,000 in a mutual fund at the beginning of the year when the NAV was $32.24. At the end of the year, the fund paid $.24 in short-term distributions and $.41 in long-term distributions. If the NAV of the fund at the end of the year was $35.23, what was your return for the year?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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