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A year ago, you purchased 3 0 0 shares of a small cap growth fund which had an NAV of $ 2 0 and a

A year ago, you purchased 300 shares of a small cap growth fund which had an NAV of $20 and a beta of 1.2. Today it is trading at $18. During the year, it distributed $1.50 share in dividends and realized capital gains. What was the one-year holding period return for this fund?

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