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At the beginning of last year, Thomas purchased 100 shares of the Web.com Fund at an NAV of $26.01 and automatically reinvested all distributions. As
At the beginning of last year, Thomas purchased 100 shares of the Web.com Fund at an NAV of $26.01 and automatically reinvested all distributions. As a result of reinvesting, Thomas ended the year with 124 shares of the fund with an NAV of \$29.36. What was his total return for the year on this investment? Thomas' total return for the year on this investment was \%. (Round to two decimal places.) Step by Step Solution
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Codes Of Finance
Authors: Vincent Antonin Lépinay
1st Edition
0691151504, 978-0691151502
