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Three years ago, James Matheson bought 3 2 0 shares of a mutual fund for $ 2 6 a share. During the three - year
Three years ago, James Matheson bought shares of a mutual fund for $ a share. During the threeyear period, he received total income dividends of per share. He also received total capital gain distributions of $ per share. At the end of three years, he sold his shares for $ a share.
What was his total return for this investment?
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