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You bought shares of a mutual fund at the beginning of the year for $20/share. At the end of the year the shares were sold
You bought shares of a mutual fund at the beginning of the year for $20/share. At the end of the year the shares were sold for $22/share. Near the end of the year you received a distribution of capital gains and dividends of $1.50/share. What was your percent return for the year?
7.5% | ||
2.5% | ||
17.5% | ||
5% |
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