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When evaluating your portfolio at year-end, you notice that the mutual fund you bought a year ago for $15.57 is now trading for $18.48. The
When evaluating your portfolio at year-end, you notice that the mutual fund you bought a year ago for $15.57 is now trading for $18.48. The mutual fund has recently paid a $1.79 dividend. What is your total return on this investment?
Report your answer in decimal form to the nearest fourth decimal (e.g., if the answer is 1.23%, report this as 0.0123)
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