Question

XYZ mutual fund had a net asset value of 10 at the beginning of a month, made income and
capital gain distribution of 0.05 and 0.02 respectively per unit during the month. The fund
ended the month with a net asset value of 10.08. The monthly rate of return of XYZ mutual
fund is
(b) 1.9%
(C) 2.0%
(d) 2.2%​

Answer 1

Answer:

the answer is 1.5 ,,,,,,,,,,,,,,,,,,,,,,,,,,