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rolpace88 rolpace88
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8 years ago
Calculate the return on investment for 1500 shares of a mutual fund purchased with an offer price of $11.91 if the shares were sold with a NAV of $13.82. The shares paid a dividend of $0.30 per share during ownership.
A) 18.56% (gain)
B) 1.86% (gain)
C) 15.99% (gain)
D) -13.52% (loss)
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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8 years ago
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rolpace88 Author
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#2
8 years ago
Wonderful, thx.
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#3
8 years ago
You're welcome. All I ask in return is a thumbs up!
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