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1.) A fund has $195 million dollars of assets, $33 million of liabilities, and 10 million shares outstanding. During the year the fund made dividend

1.) A fund has $195 million dollars of assets, $33 million of liabilities, and 10 million shares outstanding. During the year the fund made dividend distributions of $2.6 per share. What was the dividend yield?

Enter answer in percents, accurate to two decimal places.

2.) A no-load mutual fund starts the year with $310 million in net assets and 22 million shares outstanding. It ends the year with $345 million in net assets, and 26 million shares outstanding. The fund made dividend distributions of $1.1 per share and capital gains distributions of $1.1 per share during the year. What was the rate of return on the fund for the year?

Enter answer in percents, accurate to two decimal places.

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