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A year ago, an investor bought 500 shares of a mutual fund at $7.54 per share. This year, the fund has paid dividends of $0.78
A year ago, an investor bought 500 shares of a mutual fund at $7.54 per share. This year, the fund has paid dividends of $0.78 per share and had a capital gains distribution of $0.49 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.16 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 $7.77 per share
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