What is the net rate of return from the investment

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Problem 1: An investor purchases a mutual fund share for $65. The fund pays dividends of $1.30, distributes a capital gain of $5, and charges a fee of $8 when the fund is sold one year later for $75.20. What is the net rate of return from this investment?

A)13%
B)-13%
C)15%
D)-15%

Reference no: EM132773545

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