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Question 18 75 pts An open-end fund has $168 million in assets, no debt, and 9 billion shares outstanding at the beginning of the year.

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Question 18 75 pts An open-end fund has $168 million in assets, no debt, and 9 billion shares outstanding at the beginning of the year. By the end of the year, the fund has a $10 million increase in liabilities, and their assets are now evaluated at $156 million. Also by the end of the year, they increased the number of outstanding shares by 163 million new shares. What is the return on the fund? (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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