Question: Corporate Fund started the year with a net asset value or $15.10. By year-end, its NAV equaled $13.40. The fund paid year-end distributions of income

Corporate Fund started the year with a net asset value or

Corporate Fund started the year with a net asset value or $15.10. By year-end, its NAV equaled $13.40. The fund paid year-end distributions of income and capital gains of $2.90. What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.) Rate of return ___________%

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