One year ago, $13,000 was invested in units of a mutual fund. The units paid a distribution

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One year ago, $13,000 was invested in units of a mutual fund. The units paid a distribution of $260 during the year, but the mutual fund units are now worth only $11,400. What has been the

a. Income yield?

b. Capital gain yield

c. Rate of total return?


Determine yields and rates of return to the nearest 0.01%. Calculate dollar amounts accurate to the cent.

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