Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY). It paid a dividend of $0.70
Question:
Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY). It paid a dividend of $0.70 today and then you sold it for $65. What was your return on the investment?
A) 8.25%
B) 9.00%
C) 9.50%
D) 9.75%
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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C 950 Return on Investment Dividend ...View the full answer
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Related Book For 
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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