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You invested $10,000 in a mutual fund at the beginning of the year when the NAV was $32.24 . At the end of the year,
You invested
$10,000
in a mutual fund at the beginning of the year when the NAV was
$32.24
. At the end of the year, the fund paid
$.24
in short-term distributions and
$.41
in long-term distributions. If the NAV of the fund at the end of the year was
$35.23
, what was your return for the year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)\ Rate of return
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