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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Recent Advances In Computational Finance
Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.
1st Edition
1626181233, 978-1626181236
