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You Purchased 100 Shares of Gibraltar Strength Fund for $20

Question 126

Multiple Choice

You purchased 100 shares of Gibraltar Strength Fund for $20.50 per share.As a result of distribution reinvestment you currently own 120 shares with a NAV of $22.75 per share.What is your total return?


A) 16.67%
B) 20.00%
C) 24.91%
D) 33.17%

Correct Answer:

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