Page 562 problems #1 ( change the purchase price from $50 to $45.50), find 3 stock (stock! stock! - mutual funds that invest in stocks) mutual funds that have averaged a 10 yr return at the end of 2022 greater than 10% per year.....

1. An investor purchases a mutual fund for $45.50. The fund pays dividends of $1.50, distributes a capital gain of $2, and charges a fee of $2 when the fund is sold one year later for $52.50. What is the net rate of return from this investment?