a. What are the two parts of total return? b. Why are unrealized capital gains or losses

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a. What are the two parts of total return?
b. Why are unrealized capital gains or losses included in the calculation of returns?
c. What is the difference between a dollar return and a percentage return? Why are percentage returns more convenient?

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a The two parts of total return are income return and capital appreciation or capital gain Income re...View the full answer

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