Zippo Mutual Fund Is One of Your Best Performers

question 79

Multiple Choice

Zippo Mutual Fund is one of your best performers.It just announced a year-end distribution of $2.50 per share in capital gains and $4.25 in dividends.Assuming the NAV increased from $31.50 to $43.75,calculate your total annual return.

• A)60.32%
• B)46.87%
• C)26.95%
• D)24.53%

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