Question: Corporate Fund started the year with a net asset value of $12.10. By year-end, its NAV equaled $12.50. The fund paid year-end distributions of income

Corporate Fund started the year with a net asset value of

Corporate Fund started the year with a net asset value of $12.10. By year-end, its NAV equaled $12.50. The fund paid year-end distributions of income and capital gains of $1.50. What is the rate of return to an investor in the fund? A 12.3% B 15.7% 8.8% 4.8%

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