Question: 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

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.

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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