One year ago, $13000 was invested in units of a mutual fund. The units paid a distribution
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Question:
One year ago, $13000 was invested in units of a mutual fund. The units paid a distribution of $260 during the year, but the mutual fund units are now worth only $11,400. What has been :
1 Income yield?
2 Capital gain yield?
3 Rate of total return?
Related Book For
Statistics Informed Decisions Using Data
ISBN: 978-0134133539
5th edition
Authors: Michael Sullivan III
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