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(Solved): Amy purchased 100 shares of open-end mutual fund at NAV of $42 per share. She received dividend paym ...



Amy purchased 100 shares of open-end mutual fund at NAV of $42 per share. She received dividend payment of $2 and capital gain distribution of $4.30 per share during the year. At the end of the year the shares had a NAV of $40 per share. What’s her rate of return on this investment? 5.43% 7.19% 9.18% 10.24%



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