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Consider a no-load mutual fund with $528 million in assets and 16 million shores at the start of the year and $578 million in assets

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Consider a no-load mutual fund with $528 million in assets and 16 million shores at the start of the year and $578 million in assets and 17 million shares at the end of the year. During the year investors have received income distributions of $5 per share and capital gain distributions of $ 30 per share. Assuming that the fund carries no debt, and that the total expense ratio is 1%. What is the rate of return on the fund? 18.05% 17.71% 33.96% The answer cannot be determined from the information given

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