Analyze the distributed investment income


Response to the following problem:

Charlotte bought 2000 shares of the balanced Jolla Fund exactly one year and two days ago for an NAV of $8.60 per share. During the year, the fund distributed investment income dividends of $0.32 per share and capital gains dividends of $0.38 per share. At the end of the year, Charlotte realised $8.75 per share on the sale of all 2000 shares.

Calculate Charlotte's HPR on this transaction.

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Financial Accounting: Analyze the distributed investment income
Reference No:- TGS02121883

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