Question
Last year at this time, a mutual fund had an NAV of $26.40 per share. Over the past year the fund paid dividends of $1.40
Last year at this time, a mutual fund had an NAV of $26.40 per share. Over the past year the fund paid dividends of $1.40 per share and had a capital gains distribution of $1.20 per share. What is the holding period return assuming that the current NAV is $28.84?
A.
23.6%
B.
17.5%
C.
14.5%
D.
19.1%
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
