Given the information in question 10, calculate the percentage of total return for your $3,310 investment. Question

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Given the information in question 10, calculate the percentage of total return for your $3,310 investment.


Question 10

Assume that one year ago youbought 100 shares of a mutual fund for $33.10 pershare, you received a $0.42 per-share capital gaindistribution during the past 12 months, and the marketvalue 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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