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11.6 You invested in the no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at the net asset value of
11.6
You invested in the no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at the net asset value of $18.02 per share. The fund distributed dividends of $2.18 and capital gains of $2.39. Today, the NAV is $19.34. What was your holding period return Step by Step Solution
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
