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A year​ ago, an investor bought 400 shares of a mutual fund at ​$8.51 per share....

A year​ ago, an investor bought 400 shares of a mutual fund at ​$8.51 per share. Over the past​ year, the fund has paid dividends of ​$0.83 per share and had a capital gains distribution of ​$0.69 per share.

a. Find the​ investor's holding period​ return, given that this​ no-load fund now has a net asset value of ​$9.28.

b. Find the holding period​ return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of ​$8.84 per share.

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