A closed-end mutual fund has an NAV of $11.00 at the start of the year and an NAV of $10.00 at the end of the year. At the beginning of the year, it is trading exactly at NAV. At the end of the year, it is trading at a 10% premium to NAV. What is the return for an investor that purchases the fund at the start of the year and sells it at the end of the year