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Question 4 6 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value ( NAV ) of $ 7 4 .

Question 4
6 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value (NAV) of $74. She
reinvested her dividends into the fund, and today she has 7.2% more shares than when she started. If the
fund's NAV has increased by 40.2% since her purchase, compute the rate of return on her investment if
she sells her shares today.
Round your answer to the nearest tenth of a percent.
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