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An investor purchased 200 share of matual fund for $13.60?


An investor purchased 200 shares of a mutual funf for $13.60 per share.12-month period,dividents of$0.23 per share share and capital gain distributions of $ 0.75 per share.The share was sold at the end of the 12-month period for $14.23 per share.The dollar amount of total return is

$14.23 - $13.60 = $0.63 + $0.23 = $0.86 + $0.75 = $1.61 total return.

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