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The net asset value of shares in a closed-end investment company is $33. An investor buys the shares for $30 in the secondary market. During

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The net asset value of shares in a closed-end investment company is $33. An investor buys the shares for $30 in the secondary market. During the year the company distributes $2. After one year, the net asset rises to $35, and the investor sells the shares for $37 in the secondary market. What is the percentage return on the investment? SHOW THE CALCULATIONS TO GET CREDIT. IF USING A FINANCIAL CALCULATOR OR EXCEL, LIST YOUR INPUTS. SHOW THE RETURN AS A PERCENTAGE WITH ONE (1) DECIMAL PLACE

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