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You Purchased 100 Shares of a Fund for $15

Question 58

Multiple Choice

You purchased 100 shares of a fund for $15.50 per share.Its current NAV is 20.75 per share.There were no distributions.What is your total return?

A) 33.87%
B) 22.33%
C) 79.67%
D) 25.51%

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