Assume that one year ago you bought 200 shares of a mutual


Assume that one year ago, you bought 200 shares of a mutual fund for $21 per share; you received an income distribution of $0.11 cents per share and a capital gain distribution of $0.32 cents per share during the past 12 months. Also assume the market value of the fund is now $23 a share. Calculate the percent of total return for your $4,200 investment

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Financial Management: Assume that one year ago you bought 200 shares of a mutual
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