Question
You purchased a mutual fund with a NAV (Net Asset Value) of $10 per share. Over the year that you held the fund there has
You purchased a mutual fund with a NAV (Net Asset Value) of $10 per share. Over the year that you held the fund there has been a dividend distribution of $1 per share and capital gains distributions of $2 per share. The ending NAV is $16 per share. Compute your percentage total return for the year.
| 10% |
| 30% |
| 60% |
| 90% |
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
