assume that one year ago you bought 140 shares of mutual fund for $20 per share you receive the capital gain distribution of .65 per share during the past two months and the market value of the fund is now $15 calculate the total return of this investment if you were to sell it now

assume that one year ago you bought 140 shares of mutual fund for $20 per share you receive the capital gain distribution of .65 per share during the past two months and the market value of the fund is now $15 calculate the total return of this investment if you were to sell it now

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 7FPE

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Question

Subject:- finance

assume that one year ago you bought 140 shares of mutual fund for $20 per share you receive the capital gain distribution of .65 per
share during the past two months and the market value of the fund is now $15 calculate the total return of this investment if you were to
sell it now

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