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An investor buys shares in a mutual fund for $20. At end of the year the fund distributes a dividend of 0.58. After the distribution

An investor buys shares in a mutual fund for $20.

At end of the year the fund distributes a dividend of 0.58.

After the distribution net asset value of a share is 24.31.

What is the investor's percentage return on the investment?

The answer should be 19.96% and post work.

Do not even answer if you don't get an answer of 19,96 from these numbers.

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