Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Zap Fund is the mainstay of your portfolio. The investment company just announced its year-end distributions. The long-term capital gain per share is $ 3.74
Zap Fund is the mainstay of your portfolio. The investment company just announced its year-end distributions. The long-term capital gain per share is $ 3.74 and the dividend per share is $ 2.47 Assuming the NAV increased from $ 32.87 to $ 35.48 during the year, your total annual return would be ? %. (Round to two decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started