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Calculate the percentage of total return

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Reference no: EM132734784

Problem 1: Assume that one year ago you bought 130 shares of a mutual fund for $17 per share, you received a capital gain distribution of $0.80 per share during the past 12 months, and the market value of the fund is now $21, Calculate the percentage of total return for your $2,210 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.)

Reference no: EM132734784

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