Youpurchaseamutual fund for$17.23. The fund's NAV is$17.00. (The load fee was $0.23.) TheNAV subsequently rises to $21.56

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Youpurchaseamutual fund for$17.23. The fund's NAV is$17.00. (The load fee was $0.23.) TheNAV subsequently rises to $21.56 and you redeem the shares. What is the percentage return on your investment?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Apr 17, 2024 09:38 AM

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Youpurchaseamutual fund for$17.23. The fund's NAV is$17.00. (The load fee was $0.23.) TheNAV subsequently rises to $21.56

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Essentials of Corporate Finance

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