Mutual Fund Returns and Costs You buy a no load mutual fund share at a NAV of $21.00 and sell it one year later at $20.50. You also received a capital gain distribution of $2.70 and a dividend distribution of $1.30. What was your pre-tax HPR?
Mutual Fund Returns and Costs You buy a no load mutual fund share at a NAV of $21.00 and sell it one year later at $20.50. You also received a capital gain distribution of $2.70 and a dividend distribution of $1.30. What was your pre-tax HPR?
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
Problem 8FPE
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Mutual Fund Returns and Costs You buy a no load mutual fund share at a NAV of $21.00 and sell it one year later at $20.50. You also received a
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