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Problem 17-05 Twelve months ago, you purchased the shares of a no-load mutual fund for $22.70 per share. The fund distributed cash dividends of $0.65

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Problem 17-05 Twelve months ago, you purchased the shares of a no-load mutual fund for $22.70 per share. The fund distributed cash dividends of $0.65 and capital gains of $1.45 per share. If the net asset value of the fund is currently $24.45, what was your annual return on the investment Round your answer to two decimal places. % If the value of the shares had been $21.26, what would have been your annual return Round your answer to two decimal places

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