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A man invested $1000 by buying 100 shares of Go Big or Go Home Mutual Fund

  A man invested $1000 by buying 100 shares of Go Big or Go Home Mutual Fund, an aggressive growth no-load mutual fund.  So far, the NAV for his investment has risen from $10 per share to $13.

What is the percentage increase in the NAV for this mutual fund?

If he redeemed the first 100 shares of his mutual fund investment for $13 per share, what would be his capital gain over the amount invested?


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