Rand Mutual Fund is one of your best performers. It just announced a year-end distribution...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Rand Mutual Fund is one of your best performers. It just announced a year-end distribution of $1.20 per share in capital gains and $3.50 in dividends. Assuming the NAV increased from $33.87 to $44.76, calculate your total annual return.
Enter your answers to two decimal places. Do not include the % symbol. Example: if your answer is -10.22%, then enter -10.22.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
