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A year ago
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per unit. Today a unit's value is $19.10. During the year, the fund made a distribution of $0.40 per unit. Accurate to the nearest 0.01%, determine Christo's: a) Income yield. b) Capital gain yield. c) Rate of total return.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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ahgoebelahgoebel
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A year ago
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Anonymous
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#2
A year ago
Help! The answer is missing an explanation...
Anonymous
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#3
A year ago
Here's a similar question (with different numbers) and its solution:

Excerpt
One year ago, Christos bought 1,000 units of the Dominion Aggressive Growth Fund at $20.75 per unit. Today a unit’s value is $19.50. During the year, the fund made a distribution of $0.50 per unit.

On this investment, what is Christos’s total return in dollars? (Round your answer to two decimal places. Negative answer should be indicated by minus sign.)

Total return $____



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Anonymous
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#4
A year ago
Help! The answer is missing an explanation...
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