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J invested $5,000 in a no-load mutual fund when the NAv was $34 per share. She has reinvested all dividend and capital gains distributions. Five
J invested $5,000 in a no-load mutual fund when the NAv was $34 per share. She has reinvested all dividend and capital gains distributions. Five years later, her account statement showed that she owned 124 shares, and the nav had grown to s57. Determine the average rate of return CAGRI
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