Question
Corporate Fund started the year with a net asset value of $16.10. By year-end, its NAV equaled $13.90. The fund paid year-end distributions of income
Corporate Fund started the year with a net asset value of $16.10. By year-end, its NAV equaled $13.90. The fund paid year-end distributions of income and capital gains of $3.40.
What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.)
Rate of return
%
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Deals From Hell M And A Lessons That Rise Above The Ashes
Authors: Robert F. Bruner, Arthur Levitt
1st Edition
0470452595, 978-0470452592
