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Assume that one year ago, you bought 360 shares of a mutual fund for $36 a share, you received a $0.50 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $40 a share. a. Calculate the total return for your $12,960 investment. Total return $ b. Calculate the percentage of total return for your $12,960 investment. (Enter your answer as a percent rounded to 2 decimal places.) Percent of total return %

Financial Management, Finance

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