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GoodMad_ GoodMad_
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7 years ago
Allen Fund had NAV values of $9, $10, and $12 at the beginning, middle, and end of last year, respectively. It made a $1.00 per share distribution at mid-year. The average annual total return of the fund for the year is
A) 55.55%.
B) 46.67%.
C) 44.44%.
D) 33.33%.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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