Answered step by step
Verified Expert Solution
Link Copied!

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

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 $4.77, and the dividend per share is $2.13. Assuming the NAV increased from $44.21 to $48.77 during the year, calculate your total annual return.
Assuming the NAV increased from $44.21 to $48.77 during the year, your total annual return would be
%.(Round to two decimal places.)
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Handbook Of Financial Communication And Investor Relations

Authors: Alexander V. Laskin

1st Edition

1119240786, 978-1119240785

More Books

Students also viewed these Finance questions

Question

Describe the five elements of the listening process.

Answered: 1 week ago