Question: How to solve this problem 35. (3 points) Consider a no-load mutual fund with $200 million in assets and 10 million shares at the start

 How to solve this problem 35. (3 points) Consider a no-loadHow to solve this problem

35. (3 points) Consider a no-load mutual fund with $200 million in assets and 10 million shares at the start of the year and with $250 million in assets and 11 million shares at the end of the year. During the year investors have received income distributions of $2 per share and capital gain distributions of $.25 per share. What is the rate of return on the fund? Show your work

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