A year ago, an investor bought 100 shares of a mutual fund at $7.66 per...
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A year ago, an investor bought 100 shares of a mutual fund at $7.66 per share. This year, the fund has paid dividends of $0.76 per share and had a capital gains distribution of $0.54 per share. a. Find the investor's holding period retum, given that this no-load fund now has a net asset value of $8.15. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvestod into additional shares of the fund at an average price of $7.91 per share. a. Given that this no-load fund now has a net asset value of $8.15, the investor's holding period return is to two decimal places.)
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