Question
You invested $8,500 in a mutual fund when the offering price was $3130 and the NAV was $3020 This purchase was made one year
You invested $8,500 in a mutual fund when the offering price was $3130 and the NAV was $3020 This purchase was made one year ago today. Today, the fund distributed a total of $1.59 in long-term gains and 585 in short-term gains The current offering price is $33 42 and the NAV is $3218 What is your return for the year? 9.46% 4.35% 737% 8.23% 10 61%
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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