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11.) Assume that one year ago, you bought 250 shares of a mutual fund for $26 per share and that you received an income dividend

11.) Assume that one year ago, you bought 250 shares of a mutual fund for $26 per share and that you received an income dividend of $0.33 cents per share and a capital gain distribution of $1.06 cents per share during the past 12 months. Also assume the market value of the fund is now $28.50 a share. Calculate the percentage of total return for your $6,500 investment. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Percent of total return %
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Assume that one year ago, you bought 250 shares of a mutual fund for $26 per share and that you received an income dividend of $0.33 cents per share and a capital gain distribution of $1.06 cents per share during the past 12 months. Also assume the market value of the fund is now $28.50 a share. Calculate the percentage of total return for your $6,500 investment. Note: Do not round intermediate calculations. Enter your answer as a percent rounued to 2 decimal places

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