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Other Fields Homework Help Business Topic started by: rolpace88 on May 19, 2015



Title: Calculate the return on investment for 1500 shares of a mutual fund purchased with an offer price of
Post by: rolpace88 on May 19, 2015
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)


Title: Re: Calculate the return on investment for 1500 shares of a mutual fund purchased with an offer pric
Post by: Million on May 22, 2015
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Title: Re: Calculate the return on investment for 1500 shares of a mutual fund purchased with an offer price of
Post by: rolpace88 on May 27, 2015
Wonderful, thx.


Title: Re: Calculate the return on investment for 1500 shares of a mutual fund purchased with an offer price of
Post by: Million on May 27, 2015
You're welcome. All I ask in return is a thumbs up!