Rand Mutual Fund is one of your best performers. It just announced a year-end distribution of $1.20 per share in capital gains and $3.50 in dividends. Assuming the NAV increased from $33.87 to $44.76, calculate your total annual return.
Enter your answers to two decimal places. Do not include the % symbol. Example: if your answer is -10.22%, then enter -10.22.

Respuesta :

Total annual return is 46.02%

What is total annual return?

  • An investment's geometric average yearly return over a specified time period is known as the annualised total return. The annualised return formula calculates how much a shareholder would make over time if the yearly return were compounded.
  • The investor will use the following calculation to determine the total return rate (which is required to get the annualised return): Ending value - starting value / starting value

It just announced a year-end distribution of $1.20 per share in capital gains and $3.50 in dividends.

Assuming the NAV increased from $33.87 to $44.76,  total annual return is

The total return rate (which is required to get the annualised return): Ending value - starting value / starting value

46.02%

((3.5+1.2+44.76)-33.87)/33.87

=46.02%

annual return = 40.02%

To learn more about annual return refer to:

https://brainly.com/question/13199295

#SPJ4