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A year ago, an imvestor bought 500 shares of a mutual fund at $7.61 per share. This year, the fund has paid dividends of $0.75

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A year ago, an imvestor bought 500 shares of a mutual fund at $7.61 per share. This year, the fund has paid dividends of $0.75 per share and had a capital gains distribution of $0.46 per share. a. Find the investor's holding period return, given that this no-load fund now has a net assot value of $8.29. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into add tional shogres of the fund at an average price of $7,85 per share. a. Given that this no-load fund now has a net asset value of $8.29, the investor's holding petiod retum is 3. (Round to two decimal places.)

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