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25 - You invested in a mutual fund at its NAV of $17.00. The fund distributes $2.13 per share. The NAV rises to $21.56, at

25 - You invested in a mutual fund at its NAV of $17.00. The fund distributes $2.13 per share. The NAV rises to $21.56, at which time you redeem the shares. Calculate the percentage return on your investment: Answer: %

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