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Business, 23.07.2020 01:01 puppy5209

A mutual fund had NAV per share of $23.75 on January 1, 2017. On December 31 of the same year, the fund's NAV was $24.37. Income distributions were $0.59, and the fund had capital gain distributions of $2.69. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year?

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A mutual fund had NAV per share of $23.75 on January 1, 2017. On December 31 of the same year, the f...
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