Calculate the percentage of total return for your $1,500 investment
Assume
that one year ago, you bought 100 shares of a mutual fund for $15 a share, you
received a $0.55 per-share capital gain distribution during the past 12 months,
and the market value of the fund is now $17 a share. (Obj. 4)
a.
Calculate the total return for your $1,500 investment.
b.
Calculate the percentage of total return for your $1,500 investment.
