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A year ago, an investor bought 200 shares of a mutual fund at $7.00 per share. The price today is $7.90 per share. Over the
A year ago, an investor bought 200 shares of a mutual fund at $7.00 per share. The price today is $7.90 per share. Over the past year, the fund has paid dividends of $1.00 per share and had a capital gains distribution of $0.75 per share. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.45 per share. Select one: O a. 139.4% O b. 12.7% C. 239.4% O d. 71.8% e. 39.4%
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