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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.

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