A mutual fund had NAV per share of $19.00 on January 1,2009.On December 31 of the same year the fund's NAV was $19.14.Income distributions were $0.57 and the fund had capital gain distributions of $1.12.Without considering taxes and transactions costs,what rate of return did an investor receive on the fund last year?

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The Answer of A mutual fund had NAV per share of $19.00 on January 1,2009.On December 31 of the same year the fund's NAV was $19.14.Income distributions were $0.57 and the fund had capital gain distributions of $1.12.Without considering taxes and transactions costs,what rate of return did an investor receive on the fund last year?

A Mutual Fund Had NAV Per Share of $19