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(Please show the steps) Zenia invested in the no-load Romaine Mutual Fund one year ago by purchasing 1,250 shares of the fund at a net
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Zenia invested in the no-load Romaine Mutual Fund one year ago by purchasing 1,250 shares of the fund at a net asset value of $20 per share. The fund distributed $1.46 per share in dividends and $2.09 per share in capital gains The net asset value of the fund today is $23 per share. Zenia's holding period return is percent. (Round to two decimal places.)Step by Step Solution
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