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You invested in the no-load Best Mutual Fund one year ago by purchasing 700 shares of the fund at the net asset value of $19.63

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You invested in the no-load Best Mutual Fund one year ago by purchasing 700 shares of the fund at the net asset value of $19.63 per share. The fund distributed dividends of $2.59 and capital gains of $1.64. Today, the NAV is $20.64. What was your holding period return? Your holding period return was \%. (Round to two decimal places.)

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