three years ago, you invested in the future investco mutual fund by purchasing 1,000 shares of the fund at a net asset value of $30.00 per share. because you did not need the income, you elected to reinvest all dividends and capital gains distributions. today, you sell your 1,100 shares in this fund for $32.67 per share. what is the compounded rate of return on this investment over the 3-year period?



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