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You buy a no load mutual fund share at a NAV of $44.00 and sell it one year later at $45.00. You also received a

You buy a no load mutual fund share at a NAV of $44.00 and sell it one year later at $45.00. You also received a capital gain distribution of $2.20 and a dividend distribution of $1.00. What was your pre-tax HPR?

8.20%

10.31%

9.43%

7.32%

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