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Calculate the total return for the Highland Growth Fund based on the following data: • • . • January 1, 2020 - Net Asset Value (NAV) was $11.50 2020 income distribution was $0.25 2020 capital gain was $0.40 December 31, 2020 - Net Asset Value (NAV) was $13.75

Calculate the total return for the Highland Growth Fund based on the following data: • • . • January 1, 2020 - Net Asset Value (NAV) was $11.50 2020 income distribution was $0.25 2020 capital gain was $0.40 December 31, 2020 - Net Asset Value (NAV) was $13.75

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter16: Financial Planning And Forecasting
Section: Chapter Questions
Problem 2P: AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end...
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Calculate the total return for the Highland Growth Fund based on the following data: • • . • January 1, 2020 - Net Asset Value (NAV) was $11.50 2020 income distribution was $0.25 2020 capital gain was $0.40 December 31, 2020 - Net Asset Value (NAV) was $13.75
Transcribed Image Text:Calculate the total return for the Highland Growth Fund based on the following data: • • . • January 1, 2020 - Net Asset Value (NAV) was $11.50 2020 income distribution was $0.25 2020 capital gain was $0.40 December 31, 2020 - Net Asset Value (NAV) was $13.75
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