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Business, 21.04.2020 17:51 belmontes

You purchased 500 shares in a mutual fund for $32 NAV. You elected the dividend reinvestment plan and had all dividend and capital gains distributions reinvested in additional shares. You just closed your account and sold 550 shares for $48 NAV. What was your total return on this investment?

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You purchased 500 shares in a mutual fund for $32 NAV. You elected the dividend reinvestment plan an...
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