Question
Over the past three years, the Pluto Fund produced the following per-share financial results. Calculate the annual returns on an investment in the Pluto Fund
Over the past three years, the Pluto Fund produced the following per-share financial results. Calculate the annual returns on an investment in the Pluto Fund from 1989 to 1991.
1989 1990 1991
NAV-Beginning of year $13.89 $14.40 $15.95
NAV-End of year $14.40 $15.95 $15.20
Income Distribution $0.29 $0.33 $0.36
Capital Gains DIstribution $0.12 $0.25 $0.05
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
