this will give you the HPR in decimal form, multiply by 100 to get the % figure
This question was part of a homework assignment so I am not looking for a straight answer, but it someone could explain to me how to calculate this I would really appreciate it.
The holding period return (HPR) for 1,000 shares of a no-load mutual fund currently selling at a NAV of $11, purchased a year ago at a NAV of $10.50/share, including $300 of distributed investment income dividends and capital gains dividends of $350.
