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Assume that one year ago, you bought 280 shares of a mutual fund for $35 a share, you received a capital gain distribution of $0.55

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Assume that one year ago, you bought 280 shares of a mutual fund for $35 a share, you received a capital gain distribution of $0.55 per share during the past 12 months, and the market value of the fund is now $40 a share. a. Calculate the total return for your $9,800 investment. b. Calculate the percentage of total return for your $9,800 investment. (Enter your answer as a percent rounded to 1 decimal place.)

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