Mutual fund-what was your return for the year

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Reference no: EM13974588

You invested $ 10,000 in a mutual fund at the beginning of the year when the NAV was $ 32.24. At the end of the year the fund paid $ .24 in short-term distributions and $ .41 in long-term distributions. If the NAV of the fund at the end of the year was $ 35.23, what was your return for the year?

Reference no: EM13974588

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