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Mary buys 1,800 units of the Big Dinosaur Utility Fund when its NAV is $14.75. She reinvests the next 5 annual distributions of $0.60, $0.70,

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Mary buys 1,800 units of the Big Dinosaur Utility Fund when its NAV is $14.75. She reinvests the next 5 annual distributions of $0.60, $0.70, $0.80, $0.95, and $1.05 and, immediately after the final distribution, then sells all of her units at the NAV of $18.75. The number of units she sold is 2,075. What annual compound return did Mary earn? (2 marks) You may need to use Excel to answer this question. Enter your answer as a percentage to two decimal places

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