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16) Information for ABC Fund is Beginning of the Year End of the Year $12.80 $13.05 NAV Market price of the fund shares Dividends paid over the year Capital gains distributed over the vear $11.64 $9.95 $0.90 $0.30 The market-based holding period return for ABC Mutual Fund is A)-19.1% B)-14.6% C) 0.3% D) 9.4%

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Answer #1

Correct option is > B. -14.6%

Holding period return = (End of the year Market price - Beginning period Market price + Dividend + Capital gains) / Beginning period Market price

Holding period return = ($9.95 - $13.05 + $0.90 + $0.30) / $13.05

Holding period return = -14.6%

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