What is the return for the year

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You invested $5,000 in a mutual fun one year ago, when the offering price was $23.65 per share and the NAV was $23.02 per share. as of today the fund has distributed a total of $1.34 per share in long-term gains and .85 per share in short term gans. The current offering price is $27.71 per share and the NAV is $27.08 per share.

What is the return for the year?

Reference no: EM132785307

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