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Author Question: Last year, Sue purchased a closed-end mutual fund that was trading at $42 and had an NAV of $38. Sue ... (Read 167 times)

fungirl

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Last year, Sue purchased a closed-end mutual fund that was trading at $42 and had an NAV of $38. Sue sold the fund today when the NAV is $44 and the market price is $43. The fund paid $1 in dividends over the past year. What is the Sue's holding period return?
◦ 4.8%
◦ 7.1%
◦ 11.6%
◦ 18.4%


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Marked as best answer by fungirl on Mar 29, 2022

Jim457

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fungirl

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


bigcheese9

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Reply 3 on: Yesterday
Wow, this really help

 

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