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Assume that one year ago, you bought 120 shares of a mutual fund for $31 a share, you received a capital gain distribution of $0.82
Assume that one year ago, you bought 120 shares of a mutual fund for $31 a share, you received a capital gain distribution of $0.82 per share during the past 12 months, and the market value of the fund is now $36 a share. a. Calculate the total return for your $3,720 investment. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total return b. Calculate the percentage of total return for your $3,720 investment. (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.) Percent of total return. %
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