Question
At the beginning of last year Thomas purchased 200 shares of the Web.com Fund at an NAV of $26.39 and automatically reinvested all distributions. As
At the beginning of last year Thomas purchased 200 shares of the Web.com Fund at an NAV of $26.39 and automatically reinvested all distributions. As a result of reinvesting, Thomas ended the year with 250 shares of the fund with an NAV of$36.14. What was his total return for the year on this investment?
The total return on his investment is %. (Round to two decimal places.)
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The Engineers Cost Handbook Tools For Managing Project Costs
Authors: Richard E. Westney
1st Edition
0824797965, 978-0824797966
