Assume that one year ago, you bought 160 shares of a mutual fund for $27 per share and that you received an income dividend of $0.08 cents per share and a capital gain distribution of $0.14 cents per share during the past 12 months. Also assume the market value of the fund is now $25 a share. Calculate the percentage of total return for your $4,320 investment.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Assume that one year ago, you bought 160 shares of a mutual fund for $27 per share and that you received an income dividend of $0.08 cents ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Generally, which stage of the conversation process includes the substance of the conversation? feedback dialogue business feedforward
Answers (1)
25. what income must austin report for his business on schedule c-ez or c?
Answers (1)
A client diagnosed with polycythemia vera has come into the clinic because he has developed a nighttime cough, fatigue, and shortness of breath. What complication would you suspect in this client?
Answers (1)
Suppose the production of a particular good causes a negative externality. Based on market forces only, how will this impact the production levels for a factory if negative externalities are present? A.
Answers (1)
Suppose your company needs $20 million to build a new assembly line. Your target debt-equity ratio is 0.80. The flotation cost for new equity is 9 percent, but the flotation cost for debt is only 6 percent.
Answers (1)
New Questions in Business
This allows you to use a car for a specified period of time for a specified monthly payment: -Lease -Loan -Gift -Contract
Answers (1)
The income elasticity for most staple foods, such as wheat, is known to be between zero and one. As incomes rise over time, what will happen to the demand for wheat? What will happen to the quantity of wheat purchased by consumers?
Answers (1)
For which of the following reasons did the office of juvenile justice and delinquency prevention in the late 1980s initiate an intensive community-based juvenile aftercare project called the intensive aftercare program (iap?
Answers (1)
If Malcolm shorts 500 shares of a stock priced at $15 per share, how much profit or loss will he realize for each $1 change in stock price? Select the best answer from the choices provided. A. $15 B. $33 C. $500 D. $7,500
Answers (1)
Hevesy Inc. produces and sells a single product. The selling price of the product is $200.00 per unit and its variable cost is $80.00 per unit. The fixed expense is $300,000 per month. The break-even in monthly unit sales is closest to: a. 2,500 b.
Answers (1)