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One family member bought invested in a mutual fund, when it had $507,000,000 in assets, $9,000,000 in debt, and there were 253,000,000 shares outstanding. Now,
One family member bought invested in a mutual fund, when it had $507,000,000 in assets, $9,000,000 in debt, and there were 253,000,000 shares outstanding. Now, the mutual fund has $571,000,000 in assets, $22,000,000 in debt, and there are 264,000,000 shares outstanding. During that period, the fund redistributed $0.22 per shares. Your family member is confused with all those numbers. What was the HPR in this investment? (Give your answer as a percentage with 2 decimals, e.g, if the answer is 0.0345224 (or 3.45224%). enter 3.45 as your answer.]
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