Answered step by step
Verified Expert Solution
Question
1 Approved Answer
assume that one year ago you bought 140 shares of mutual fund for $20 per share you receive the capital gain distribution of .65 per
assume that one year ago you bought 140 shares of mutual fund for $20 per share you receive the capital gain distribution of .65 per share during the past two months and the market value of the fund is now $15 calculate the total return of this investment if you were to sell it now
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started