A mutual fund had NAV per share of $23.75 on January 1, 2017. On December 31 of the same year, the fund's NAV was $24.37. Income distributions were $0.59, and the fund had capital gain distributions of $2.69. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year?

The return is calculated by finding the change in value of the investment divided by the price. The change in value is the capital gain (whether realized or not) plus the sum of all distributions. Therefore, return = ($24.37 − $23.75 + $0.59 + $2.69) / $23.75 = 16.42%.

The correct answer is: 16.42

Explanation:

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

~

the answer should be demonstrations i hope this