P13.6 Charlotte bought 2000 shares of the balanced Jolla Fund exactly one year and two days ago
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P13.6 Charlotte bought 2000 shares of the balanced Jolla Fund exactly one year and two days ago for an NAV of $8.60 per share. During the year, the fund distributed investment income dividends of $0.32 per share and capital gains dividends of $0.38 per share. At the end of the year, Charlotte realised $8.75 per share on the sale of all 2000 shares. Calculate Charlotte’s HPR on this transaction.
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Related Book For
Fundamentals Of Investing
ISBN: 9781442532885
3rd Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright
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