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You bought 60 shares of a mutual fund one year ago for $50 per share. The front-end load is 5 percent. The fund paid $2.00
You bought 60 shares of a mutual fund one year ago for $50 per share. The front-end load is 5 percent. The fund paid $2.00 per share in dividends during the year. If the fund's net asset value increased 15 percent during the year, what is the percent return for the year? You purchased a rental property for $170,000 at the beginning of last year. The net rental income for the year was $10,100. The value of the property increased to $182,000 by the end of that year. If you paid cash for the property (no mortgage), what is your return on investment for the first year? (Round answer to 1 decimal place, e.g. 52.5.)
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