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Mathematics, 27.11.2021 06:00 jen6815
Five years ago, you invested in the Future Investco Mutual Fund by purchasing shares of the fund at a net asset value of per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your shares in this fund for $ per share. What is the compounded rate of return on this investment over the five-year period?
The compounded rate of return on this investment over the five-year period is
enter your response here%. (Round to two decimal places.)
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