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You purchase a no-load mutual fund for its NAV of $17.00. The fund distributes $2.13 per share and the NAV rises to $21.75 at which

You purchase a no-load mutual fund for its NAV of $17.00.

The fund distributes $2.13 per share and the NAV rises to $21.75 at which time you redeem the shares.

What is the percentage return on your investment

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