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An investor buys shares in a mutual fund for $29 each. At the end of the year the fund distributes a dividend of $0.32 and
An investor buys shares in a mutual fund for $29 each. At the end of the year the fund distributes a dividend of $0.32 and after the distribution the NAV is $34.78. What is the percentage (%) return on investment?
| about 21% | ||
| about 19.6% | ||
| about 26.4% | ||
| about 23.4% |
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