QUESTION: Calculate the Total Return for the Abby Income Fund based on the following data. January 1, 2015 - Net Asset Value was $12.65 2015 income distribution was $0.21. 2015 capital gain was $0.33 December 31, 2015 - Net Asset Value was $15.23.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter9: Projecting Financial Statements
Section: Chapter Questions
Problem 2cM
icon
Related questions
Question

Provide solution please

QUESTION:
Calculate the Total Return for the Abby
Income Fund based on the following data.
January 1, 2015 - Net Asset Value was $12.65
2015 income distribution was $0.21.
2015 capital gain was $0.33
December 31, 2015 - Net Asset Value was
$15.23.
Transcribed Image Text:QUESTION: Calculate the Total Return for the Abby Income Fund based on the following data. January 1, 2015 - Net Asset Value was $12.65 2015 income distribution was $0.21. 2015 capital gain was $0.33 December 31, 2015 - Net Asset Value was $15.23.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer