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An investor buys 500 shares of a mutual fund that had an NAV of $11.75 per share last year. Over the past year the fiand

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An investor buys 500 shares of a mutual fund that had an NAV of $11.75 per share last year. Over the past year the fiand paid dividends of 50.25 per share and had a capital gains distribution of $1.35 per share. Compute the one year return from this investment if the current NAV of this anatual fund is $11.18. 13.62%18.47%9.21%8.77%

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