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8. At the beginning of last year, Thomas purchased 200 shares of the Web.com Fund at an NAV of $26.00 and automatically reinvested all distributions.
8. At the beginning of last year, Thomas purchased 200 shares of the Web.com Fund at an NAV of $26.00 and automatically reinvested all distributions. As a result of reinvesting. Thomas ended the year with 265 shares of the fund with an NAV of $32.20. What was his total return for the year
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
0324002327, 978-0324002324
