Fund ABC currently has $125 million in assets, $5 million in liabilities and 5 million shares outstanding. If you bought fund ABC for $20 per share on January 1 and you recently received a capital gain distribution of $0.75 per share and a dividend distribution of $0.25 per share, what is your holding period return. (enter your percentage in decimal form and round to 4 decimal places

Answer rating: 100% (QA)

To calculate the holding period return we need to consider the initial investment the current value ... View the full answer