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Assume that one year ago, you bought 1 0 0 shares of a mutual fund for 3 3 . 7 0 per share and that

Assume that one year ago, you bought 100 shares of a mutual fund for 33.70 per share and that you received an income dividend of $0.46 cents per share and a capital gain distribution of $0.36 cents per share during the past 12 months. Also assume the market value of the fund is now $41.45 a share. Calculate the total return for this investment if you were to sell it now.

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