If an Investor Purchases Shares in a No-Load Fund for $36,receives

question 19

Essay

If an investor purchases shares in a no-load fund for $36,receives cash distributions of $1,and redeems the shares after one year for $42,what is the percentage return on the investment?

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Definitions:

Social Connection

denotes the relationships and interactions individuals have within a community or network, contributing to their sense of belonging.

Dominant Culture

The cultural values, practices, and beliefs that are most widely shared or held in high esteem by the majority of a society or group.

Middle Passage

The sea voyage segment of the triangular slave trade route, infamously brutal, that transported enslaved Africans to the Americas.

Pre-enslavement

The historical period or the conditions experienced by individuals or communities before they were subjected to slavery.