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3. Fees and Mutual Fund Returns 3.1 If a fund has an initial NAV of $20 at the start of the month, makes income distributions
| 3. Fees and Mutual Fund Returns | ||||||||||||||
| 3.1 If a fund has an initial NAV of $20 at the start of the month, makes income distributions of $0.20 and | ||||||||||||||
| capital gain distributions of $0.25, and ends the month with NAV of $20.10, What is the monthly rate of return? | ||||||||||||||
| | % | |||||||||||||
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Mastering Islamic Finance
Authors: Faizal Karbani
1st Edition
1292001445, 978-1292001449
