You purchased $10,000 worth of Chan's Midcap closed Value Fund at $ 21.6 and NAV of 23.5,

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You purchased $10,000 worth of Chan's Midcap closed Value Fund at $ 21.6 and NAV of 23.5, The fund is a no-load fund. During the past 12 months, the fund distributed $0.45 in dividends and the current NAV is $25.35 but the market price is 26.

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Related Book For answer-question

Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Posted Date: Jan 12, 2024 06:10 AM

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You purchased $10,000 worth of Chan's Midcap closed Value Fund at $ 21.6 and NAV of 23.5,

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To compute the return on investment we will involve three parts 1 Capital gains or losses the change ... View the full answer

Fundamentals of Investments

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