Multiple Choice
Zippo Mutual Fund is one of your best performers.It just announced a year-end distribution of $2.50 per share in capital gains and $4.25 in dividends.Assuming the NAV increased from $31.50 to $43.75,calculate your total annual return.
A) 60.32%
B) 46.87%
C) 26.95%
D) 24.53%
Correct Answer:
Verified
Correct Answer:
Verified
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