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Assume that you purchased 200 shares of Super Performing mutual fund at a net asset value of $21 per share. During the year you received
Assume that you purchased 200 shares of Super Performing mutual fund at a net asset value of $21 per share. During the year you received dividend income distributions of $1.60 per share and capital gains distributions of $2.95 per share. At the end of the year the shares had a net asset value of $24 per share. What was your rate of return on this investment?
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