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Jason purchased a mutual fund at NAV of $40.00 and it was redeemed 8 months later at $45.0

Jason purchased a mutual fund at NAV of $40.00 and it was redeemed 8 months later at $45.00. During the time he owned the fund, he received a capital gains distribution of $5.00/share. What is his holding period return?

A.18%.

B.25%.

C.20%.

D.22.5%

Dec 04 2019 View more View Less

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