jwoody5495
jwoody5495
05.05.2020 • 
Business

Assume that one year ago, you bought 160 shares of a mutual fund for $27 per share and that you received an income dividend of $0.08 cents per share and a capital gain distribution of $0.14 cents per share during the past 12 months. Also assume the market value of the fund is now $25 a share. Calculate the percentage of total return for your $4,320 investment.

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