Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago It paid a dividend of $0 61 today and then you sold it for $70 What was your return on the investment O A 14 15 O B 17 68 O C 19 45 OD 12 38

Question

Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago  It paid a dividend of $0 61 today and then you sold it for $70  What was your return on the investment  O A  14 15  O B  17 68  O C  19 45  OD  12 38

Accepted Answer

The Answer is in the image, click to view ...

Question

Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.61 today and then you sold

Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.61 today and then you sold it for $70. What was your return on the investment? O A. 14.15% O B. 17.68% O C. 19.45% OD. 12.38%

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Intermediate Financial Management