What was the rate of return, Accounting Basics

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What was the rate of return

Question: Corporate Fund started the year with a net asset value of $14.70. By year-end, its NAV equaled $13.20. The fund paid year-end distributions of income and capital gains of $2.50.

Required - What was the rate of return to an investor in the fund?

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Accounting Basics: What was the rate of return

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Accounting Basics: What was the rate of return

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