Assume that one year ago you bought 100 shares of a mutual fund for $33.10 per share,
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Assume that one year ago you bought 100 shares of a mutual fund for $33.10 per share, you received a $0.42 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $40.25. Calculate the total return for this investment if you were to sell it now.
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Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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