What percentage return do you earn on the investment, Accounting Basics

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What percentage return do you earn on the investment

You buy 100 shares in a mutual fund at its net asset value of $10.the fund charges a load fee of 5.5%.during the year, the mutual fund distributes $0.75 in dividends. You redeem the shares for their net asset value of $12.03 and the fund does not charge an exit fee. What percentage return do you earn on the investment?

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Accounting Basics: What percentage return do you earn on the investment

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Accounting Basics: What percentage return do you earn on the investment

Reference No:- TGS040354

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Recent Questions Asked Accounting Basics

Q : Merits and drawbacks of international staffing approach

Q : Account balances at year-end

Q : What percentage return do you earn

Q : Total assets turnover and return on assets

Q : What percentage return do you earn on the investment

Q : Elements necessary for service company to get global success

Q : What was the actual labor cost for the period

Q : Explain the law of downward-sloping demand

Q : Overhead control account

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What percentage return do you earn on the investment

Reference No:- TGS040354

Recent Questions Asked Accounting Basics

Q : Merits and drawbacks of international staffing approach

Q : Account balances at year-end

Q : What percentage return do you earn

Q : Total assets turnover and return on assets

Q : What percentage return do you earn on the investment

Q : Elements necessary for service company to get global success

Q : What was the actual labor cost for the period

Q : Explain the law of downward-sloping demand

Q : Overhead control account

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