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.

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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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.
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