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A year ago, an investor bought 500 shares of a mutual fund at $8.53 per share. Over the past year, the fund has paid dividends

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A year ago, an investor bought 500 shares of a mutual fund at $8.53 per share. Over the past year, the fund has paid dividends of $0.88 per share and had a capital gains distribution of $0.71 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $9.25. 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 $8.94 per share. a. Given that this no-load fund now has a net asset value of $9.25, the investor's holding period return is %. (Round to two decimal places.) b. Assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $8.94 per share, the holding period return is %. (Round to two decimal places.)

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