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Differentiate between open-end and closed-end mutual funds

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Reference no: EM131919236

Differentiate between open-end and closed-end mutual funds.

Now imagine that you bought a mutual fund that had a beginning NAV of $10 per share. It paid dividends of $0.50 and distributed capital gains of $0.75. After one year, the ending NAV is $9.50.What is your total return? (show work.)

Reference no: EM131919236

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