Given the information in question 12, calculate the percentage of total return for your $5,040 investment. Question
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Given the information in question 12, calculate the percentage of total return for your $5,040 investment.
Question 12
Assume that one year ago, youbought 210 shares of a mutual fund for $24 per shareand that you received an income dividend of $0.31 centsper share and a capital gain distribution of $1.04 pershare during the past 12 months. Also assume themarket value of the fund is now $26.50 a share.Calculate the total return for this investment if you wereto sell it now.
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Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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