Finding Total Return. Assume that one year ago, you bought 210 shares of a mutual fund for
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Finding Total Return. Assume that one year ago, you bought 210 shares of a mutual fund for $24 per share and that you received an income dividend of $0.21 cents per share and a capital gain distribution of $0.43 cents per share during the past 12 months. Also assume the market value of the fund is now $26.50 a share. Calculate the total return for this investment if you were to sell it now.
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