Question
In early January of 2020, Ben invested $2,500 in shares of the ABC Fund when the NAV was $14.21. All dividends and capital gains are
In early January of 2020, Ben invested $2,500 in shares of the ABC Fund when the NAV was $14.21. All dividends and capital gains are reinvested in the fund. At the end of December, 2020, the NAV was $15.50 and she held 235.8 shares in her account. What was her holding period return?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
