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A mutual fund had NAV per share of $32.75 on January 1st. On December 31st of the same year the fund's rate of return for
A mutual fund had NAV per share of $32.75 on January 1st. On December 31st of the same year the fund's rate of return for the year was 11.3%. Income distributions were $1.74 and the fund had capital gain distributions of $1.15. Without considering taxes and transactions costs, what ending NAV would you calculate for the mutual fund
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