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A mutual fund had NAV per share of $19.00 on January 1,2009.On December 31 of the same year the fund's NAV was $19.14.Income distributions were $0.57 and the fund had capital gain distributions of $1.12.Without considering taxes and transactions costs,what rate of return did an investor receive on the fund last year?
M/M/1
A basic queueing model in operations research representing a system with a single server, Poisson arrival rate, and exponential service time distribution.
Units
Measurements or quantities of a product, item, or component, often used as a basis for production, inventory, or sales.
Waiting-Line Problem
A scenario in operational research where the focus is on reducing waiting times and improving service efficiency in queueing systems.
Operations
Activities involved in the day-to-day running of a business for producing and delivering products or services.
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