Quiz – Annual Rate of Return for a No-Load Mutual Fund with Capital Gain Distributions
Essentials of Investments
Bodie, Kane, and Marcus
12th Edition
Determine the annual rate of return for a no-load mutual fund, considering the changes in its total assets and debt, variations in the number of shares from the beginning to the end of the year, income distributions per share, capital gain distributions per share, and the total expense ratio.
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