Answer: Calculate the total cost, proceeds, total gain (or loss), and return on

Chapter 0, Problem 45

(choose chapter or problem)

Calculate the total cost, proceeds, total gain (or loss), and return on investment for the following mutual fund investments. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. 1,000 $9.40 $12.82 $.96

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