Question: Question 19 15 pts Consider a no-load mutual fund with $400 million in assets, 70 million in debt, and 15 million shares at the start
Question 19 15 pts Consider a no-load mutual fund with $400 million in assets, 70 million in debt, and 15 million shares at the start of the year and with $454 million in assets, 40 million in debt, and 18 million shares at the end of the year. During the year investors have received Income distributions of 50 50 per share and capital gain distributions of $0.30 per share. What is the rate of return on the fund? 1192 8.18% 9.25% 10.25%
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