Question
Corporate Fund started the year with a net asset value of $15.30. By year-end, its NAV equaled $13.50. The fund paid year-end distributions of income
Corporate Fund started the year with a net asset value of $15.30. By year-end, its NAV equaled $13.50. The fund paid year-end distributions of income and capital gains of $3.10. What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.)
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The Retirees Complete Annuity Handbook
Authors: Scot Whiskeyman
1st Edition
8647470052, 979-8647470058
