Assume that one year ago you bought 100 shares of a mutual fund for $33.55 per share, you received a $0.43 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $41.15. Calculate the percentage of total return for you $3,355 investment. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Percent of total return %

Assume that one year ago you bought 100 shares of a mutual fund for $33.55 per share, you received a $0.43 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $41.15. Calculate the percentage of total return for you $3,355 investment. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Percent of total return %

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter2: Descriptive Statistics

Section: Chapter Questions

Problem 17P: Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual...

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