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At the beginning of last year, Thomas purchased 300 shares of the Web.com Fund at an NAV of $18.32 and automatically reinvested all distributions. As
At the beginning of last year, Thomas purchased 300 shares of the Web.com Fund at an NAV of $18.32 and automatically reinvested all distributions. As a result of reinvesting, Thomas ended the year with 381 shares of the fund with an NAV of $22.23. What was his total return for the year on this investment? ..... The total return on his investment is %. (Round to two decimal places.)
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