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Assume that one year ago, you bought 340 shares of a mutual fund for $36 a share, you received a capital gain distribution of $0.55
Assume that one year ago, you bought 340 shares of a mutual fund for $36 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 $12,240 investment. Total return b. Calculate the percentage of total return for your $12,240 investment. (Enter your answer as a percent rounded to 1 decimal place.) Percent of total return
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