A year ago, an investor bought

300

shares of a mutual fund at

$7.62

per share. This year, the fund has paid dividends of

$0.71

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 asset value of

$8.28.

b. 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

$7.92

per share.

Question content area bottom

Part 1

a. Given that this no-load fund now has a net asset value of

$8.28,

the investor's holding period return is

enter your response here%.

(Round to two decimal places.)

Part 2

b. Assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of

$7.92

per share, the holding period return is

enter your response here%.

(Round to two decimal places.)