Question: Financial Planning Exercise Calculating approximate yield on mutual fund About a year ago, it Cox bought some shares in the Ass Fund. He bought the

 Financial Planning Exercise Calculating approximate yield on mutual fund About a

Financial Planning Exercise Calculating approximate yield on mutual fund About a year ago, it Cox bought some shares in the Ass Fund. He bought the fund at $24.50 a share, and it now trades a $26.00. Last year, the fund paid dividends of 40 cents a share and had capital Sains dans of $1.83 Using the approximate yuld formula, what we of retum dideloteam on his investment? Round the answer to two decimal places. 5. Con una financial costor. Round the answer to two decimal places. We made of return the stock had risen to 30 a share

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