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Assume that one year ago, you bought 270 shares of a mutual fund for $25 per share and that you received an income dividend of
Assume that one year ago, you bought 270 shares of a mutual fund for $25 per share and that you received an income dividend of $0.18 cents per share and a capital gain distribution of $0.26 cents per share during the past 12 months. Also assume the market value of the fund is now $27 a share. Calculate the total return for this investment if you were to sell it now. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) 10 eBook Total dollar return
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