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10 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value (NAV) of $61. She reinvested her dividends into the fund,
10 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value (NAV) of $61. She reinvested her dividends into the fund, and today she has 5.9% more shares than when she started. If the fund's NAV has increased by 45.6% since her purchase compute the rate of return on her investment if she sells her shares today. Round your answer to the nearest tenth of a percent
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