Assume that one year ago, you bought 240 shares of a mutual fund for $23...
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Accounting
Assume that one year ago, you bought 240 shares of a mutual fund for $23 per share and that you recelved an income dividend of $0.22 cents per share and a capital gain distribution of $0.30 cents per share during the past 12 months. Also assume the market value of the fund is now $32 a share. Calculate the percentage of total return for your $5,520 investment. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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