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Can someone help me? Boomer Fund started the year with a net asset value of $13.90. By year-end, its NAV equaled $13.75. The fund paid
Can someone help me?
Boomer Fund started the year with a net asset value of $13.90. By year-end, its NAV equaled $13.75. The fund paid year-end distributions of income and capital gains of $1.05. What was the rate of return to an investor in the Boomer Fund? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places and put it in the following format XX.XX. Do NOT record starting 0 's.) Rate of Return =Step by Step Solution
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