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Assume that one year ago you bought 140 shares of a mutual fund for $20 per share, you received a capital gain distribution of $0.65 per share during the past 12 months and the market value of the fund is now $15. Calculate the total return for this investment if you were to sell it now. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total dollar return.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92757595

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