At the end of the year the fund distributes a dividend of, Financial Management

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At the end of the year the fund distributes a dividend of

An investor buys shares in a mutual fund for $29 each.

At the end of the year the fund distributes a dividend of $0.32 and after the distribution the NAV is $34.78.

What is the percentage (%) return on investment?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: At the end of the year the fund distributes a dividend of

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