Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

Suppose you invested $57 in the shares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.76 today and then you sold

Suppose you invested $57 in the shares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.76 today and then you sold it for $70. What was your return on the investment? O A. 26.55% OB. 19.31% OC. 24.14% OD 16.9%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Liquidated An Ethnography Of Wall Street

Authors: Karen Ho

1st Edition

0822345994,0822391376

More Books

Students also viewed these Finance questions

Question

★★★★★

What is the difference between the functions of long-term operational assets and investments?

Answered: 1 week ago

Question

★★★★★

Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses equally. After all the tangible assets have been adjusted to current...

Answered: 1 week ago

Question

★★★★★

Do you know or can you estimate your readers educational levels?

Answered: 1 week ago

Question

★★★★★

Allison Corporation acquired 90 percent of Bretton on January 1, 2016. Of Bretton's total acquisition- date fair value, $60,000 was allocated to undervalued equipment (with a 10-year remaining life)...

Answered: 1 week ago

Question

★★★★★

Calculate the yield to maturity on the following bonds: a. A 8.3 percent coupon (paid semiannually) bond, with a $1,000 face value and 23 years remaining to maturity. The bond is selling at $900 $914...

Answered: 1 week ago

Question

★★★★★

Calculate the missing information for the loan. Round percents to the nearest tenth and days to the next higher day when necessary. Maturity Value (in $) Principal $3,500 Rate (%) Need Help? Read It...

Answered: 1 week ago

Question

★★★★★

Go to The Economist website and search for the Big Mac Index for a recent time period. Compare the Purchasing Power of the United States with another country. Try to choose a country with which you...

Answered: 1 week ago

Question

★★★★★

Ten (10) students in Williams's statistics class have just completed a math quiz. The quiz consists of five (5) very difficult algebra problems. The grade on the quiz is the number of correct...

Answered: 1 week ago

Question

★★★★★

For many costs and benefits associated with government projects / actions , there are no market prices . How do governments value , for instance , time , life , and natural resources ? How might the...

Answered: 1 week ago

Question

★★★★★

Below is a table of select financial measures for Insurer A and for the industry. Performance Measure Insurer A Industry Benchmark Premium-to-surplus ratio 20x1 1.33 2.07 20x2 1.25 2.04 20x3 1.14...

Answered: 1 week ago

Question

★★★★★

Qualitative techniques for forecasting ( Assessment task )Instructions Analyze why forecasts are needed in companies. Explains when qualitative techniques should be used to forecast results. Defines...

Answered: 1 week ago

Previous Question Next Question