A no-load mutual fund has $500 million in assets, 5 million in debt, and 12...
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A no-load mutual fund has $500 million in assets, 5 million in debt, and 12 million shares at the start of the year and with $450 million in assets, 4 million in debt, and 13 million shares at the end of the year. During the year investors have received income distributions of $.259 per share and capital gain distributions of $.20 per share. What is the rate of return on the fund
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