An investor buys 500 shares of a mutual fund that had an NAV of \\(...
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An investor buys 500 shares of a mutual fund that had an NAV of \\( \\$ 11.75 \\) per share last year. Over the past year the fund paid dividends of \\( \\$ 0.25 \\) per share and had a capital gains distribution of \\( \\$ 1.35 \\) per share. Compute the one year retum from this investment if the current NAV of this mutual fund is \\( \\$ 11.18 \\). \13.62 \18.47 \9.21 \8.77
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