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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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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.)

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