During the past three years, the Pluto Fund produced the following per share financial results. Calculate the

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During the past three years, the Pluto Fund produced the following per share financial results. Calculate the annual returns on an investment in the Pluto Fund during this period.

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 03:01 AM

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During the past three years, the Pluto Fund produced the following per share financial results. Calculate the

Question:

Year 1 Year 2 Year 3 NAV at beginning of year NAV at end of year Income distribution Capital gains distribution $13.89 14.40 0.29 0.12 $14.40 15.95 0.33 0.25 $15.95 15.20 0.36 0.05

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Fundamentals of Investments

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