Short Answer
One year ago, $13,000 was invested in units of a mutual fund. The units paid a distribution of $260 during the year, but the mutual fund units are now worth only $11,400. What has been the:
a. Income yield?
b. Capital gain yield?
c. Rate of total return?
Correct Answer:
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a) 2.00%, ...View Answer
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Correct Answer:
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