Business, 07.04.2020 19:06 jaxheisjax532

15. The Eller Mutual Fund had a Net Asset Value (NAV) per share of $17.50 on January 1, 2019. On December 31, 2019 the fund’s NAV was $19.47. Income distributions were $0.75 per share and the fund had capital gains distributions of $1.00 per share. Ignoring taxes and transactions costs, what rate of return did an investor receive on the Eller Mutual Fund last year?

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15. The Eller Mutual Fund had a Net Asset Value (NAV) per share of $17.50 on January 1, 2019. On Dec...

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