A nondashload mutual fund had nav per share of 2300 on, Business Economics

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A nondashload mutual fund had nav per share of 2300 on

A no–load mutual fund had NAV per share of $23.00 on January 1. On December 31 of the same year the fund's NAV was $25.32. Income distributions were $0.85 and the fund had capital gain distributions of $1.65. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year?

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Business Economics: A nondashload mutual fund had nav per share of 2300 on

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