You buy shares in a mutual fund for $89.33. The fund annually distributed $8 for 8 years

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You buy shares in a mutual fund for $89.33. The fund annually distributed $8 for 8 years after which you have redeemed the shares for $100. What was the annualized return on your investment?

Posted Date: May 18, 2024 10:12 PM

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You buy shares in a mutual fund for $89.33. The fund annually distributed $8 for 8 years

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