Question
An investor buys shares in a mutual fund for $20 per share. At the end of the year the fund distributes a dividend of $0.58,
An investor buys shares in a mutual fund for $20 per share. At the end of the year the fund distributes a dividend of $0.58, and after the distribution the net asset value of a share is $23.41. What would be the investors percentage return on the investment?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
