An investor purchases a mutual fund share for 100 the fund


An investor purchases a mutual fund share for $100. The fund pays dividends of $6, distributes a capital gain of $7, and charges a fee of $5 when the fund is sold one year later for $105. What is the net rate of return from this investment?

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Financial Management: An investor purchases a mutual fund share for 100 the fund
Reference No:- TGS01173980

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