Question: Question 15 1 pts Consider a no-load mutual fund with $200 million in assets and 10 million shares at the start of the year and
Question 15 1 pts 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? 24.89% The answer cannot be determined from the information given. 24.64% O 11.19%
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