Question
Corporate Fund started the year with a net asset value of $28.50. By year-end, its NAV equaled $28.10. The fund paid year-end distributions of income
Corporate Fund started the year with a net asset value of $28.50. By year-end, its NAV equaled $28.10. The fund paid year-end distributions of income and capital gains of $1.60. What was the (pretax) rate of return to an investor in the fund? (Round your
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Collectible Investments For The High Net Worth Investor
Authors: Stephen Satchell
1st Edition
0123745225,0080923054
