Question
Assume that one year ago you bought 210 shares of a mutual fund for $15 per share, you received a $0.40 per-share capital gain distribution
Assume that one year ago you bought 210 shares of a mutual fund for $15 per share, you received a $0.40 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $19. Ignoring tax, calculate the total return for this investment if you were to sell it now. (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
Return on investment %:
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South Western Federal Taxation 2017 Essentials Of Taxation Individuals And Business Entities
Authors: William A. Raabe, David M. Maloney, James C. Young, Annette Nellen
20th Edition
9780357109144
