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Assume that one year ago you bought 100 shares of a mutual fund for $34.00 per share, you received a $0.44 per-share capital gain distribution

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Assume that one year ago you bought 100 shares of a mutual fund for $34.00 per share, you received a $0.44 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $42.05. Calculate the total return for this investment if you were to sell it now. Note: Do not round intermediate calculations. Problem 16-11 Finding Percentage of Total Return [LO16-4] Assume that one year ago you bought 100 shares of a mutual fund for $33.75 per share, you received a $0.47 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $41.55. Calculate the percentage of total retum for your $3,375 investment. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places

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