11 years ago clarissa purchased shares in a certain mutual, Financial Management

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11 years ago clarissa purchased shares in a certain mutual

11 years ago Clarissa purchased shares in a certain mutual fund at Net Asset Value (NAV) of $74. She reinvested her dividends into the fund, and today she has 3.3% more shares than when she started. If the fund's NAV has increased by 45.9% since her purchase, compute the rate of return on her investment if she sells her shares today.

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