Question: Assignment Score: 33.33% at: Assignment 4: Chapter 17 EOC Problems Save Submit Assignment for Grading Question of G Check My Work ebook Problem 17-07 A
Assignment Score: 33.33% at: Assignment 4: Chapter 17 EOC Problems Save Submit Assignment for Grading Question of G Check My Work ebook Problem 17-07 A dosed-end investment company has a net asset value of $12.30. A year ago the shares sold for a 20 percent discount but that discount has narrowed that is declined) to 10 percent. If the company distributed $1.40 a share, what was the return on an investment in the shares before considering commissions on the purchase? Round your answer to two decimal places
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