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    Total returns on a fund

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    An investor buys shares in the no-load Go-Go Mutual Fund on January 1 at a NAV of $ 21.20. At the end of the year the price is $ 25.40. Also the investor receives .50 cents in dividends and a capital gains distribution of .35 cents. What is the total percentage gain on the beginning NAV (round off to two places to the right of the decimal)?

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    https://brainmass.com/business/finance/calculating-total-percentage-gain-shares-218241

    Solution Preview

    An investor buys shares in the no-load Go-Go Mutual Fund on January 1 at a NAV of $ 21.20. At the end of the year the price is $ ...

    Solution Summary

    This solution is comprised of a detailed explanation to calculate the total percentage gain on the beginning NAV.

    $2.19

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