An investor purchases a mutual fund share for 100 what is, Financial Management

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An investor purchases a mutual fund share for 100 what is

An investor purchases a mutual fund share for $100. The fund pays dividends of $3, distributes a capital gain of $4, and charges a fee of $2 when the fund is sold one year later for $102. What is the net rate of return from this investment?

Rate of return %

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Financial Management: An investor purchases a mutual fund share for 100 what is

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Financial Management: An investor purchases a mutual fund share for 100 what is

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