You invested in the no-load Oh Yes Mutual Fund one year ago by purchasing 1,000 shares of the…
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You invested in the no-load Oh Yes Mutual Fund one year ago by purchasing 1,000 shares of the fund at the net asset value of $25.00 per share. The fund distributed dividends of $1.50 and capital gains of $2.00. Today, the NAV is $26. What was your holding period return?