RACE Mutual fund is a no-load fund that had a net asset value of $25.60 one year ago.Today,the net asset value (NAV)is $28.83.During the year,dividends of $0.72 were paid out and a capital gain distribution of $0.65 was made.Calculate the approximate yield for RACE.(Show all work.)

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The Answer of RACE Mutual fund is a no-load fund that had a net asset value of $25.60 one year ago.Today,the net asset value (NAV)is $28.83.During the year,dividends of $0.72 were paid out and a capital gain distribution of $0.65 was made.Calculate the approximate yield for RACE.(Show all work.)

RACE Mutual Fund Is a No-Load Fund That Had a Net