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The predicted return for Mike's portfolio over the next two years is 21.70%, and the expected return over the next year is 10.85%, according to the question.
What does income return mean?
The proportion of a bank's total returns that came through income distributions is known as the income return. For bond funds, income return will frequently be larger than capital return, while for stock funds, it will typically be lower. The fund's total return is determined by adding both income return as well as the capital return together.
What distinguishes a tax from a return?
As a result, income taxes are the taxes that must be paid on income, and income tax return seems to be the annual record all income and tax information that the assessee must submit to the tax office.
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