Question: assroom a docs.google.com 9. The ABC Fund had NAV per share of $17.50 on January 1, 2007. On December 31 of the same year the

assroom a docs.google.com 9. The ABC Fund had NAV per share of $17.50 on January 1, 2007. On December 31 of the same year the fund's NAV was $19.47. Income distributions were $0.75 and the fund had capital gain distributions of $1.00. Without considering taxes and transactions costs, what rate of return did an investor receive on the ABC fund last year? 21.26% 15.54% 16.97% None of the above

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