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You invested in a no-load mutual fund 1 year ago by purchasing 1,000 shares at a NAV of $55 per share. The fund distributed dividends
You invested in a no-load mutual fund 1 year ago by purchasing 1,000 shares at a NAV of $55 per share. The fund distributed dividends of $2.50 and capital gains of $3. If the current NAV is $57.5, calculate the HPR.
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