Business
Business, 27.03.2020 00:57, songulakabulut1992

He Yachtsman Fund had NAV per share of $36.12 on January 1, 2016. On December 31 of the same year, the fund's NAV was $39.71. Income distributions were $0.64, and the fund had capital gain distributions of $1.13. Without considering taxes and transactions costs, what rate of return did an investor receive on the Yachtsman Fund last year?

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He Yachtsman Fund had NAV per share of $36.12 on January 1, 2016. On December 31 of the same year, t...

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