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The net asset value of the Park Aggressive Growth Fund increased from $19.36 to $25.00 from January through December. Income distributions are $0.80 and capital
The net asset value of the Park Aggressive Growth Fund increased from $19.36 to $25.00 from January through December. Income distributions are $0.80 and capital gain distributions are $1.34. In the absence of taxes and transaction costs, the one-year holding period return for the fund is closest to:
a. 29%.
b. 30%.
c. 31%.
d. 40%.
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