An investor purchased 200 shares of a mutual funf for $13.60 per share.12-month period,dividents of$0.23 per share share and capital gain distributions of $ 0.75 per share.The share was sold at the end of the 12-month period for $14.23 per share.The dollar amount of total return is
2007-02-26 12:30:25 · 2 answers · asked by jennifer_jackson14 1 in Business & Finance ➔ Personal Finance
$14.23 - $13.60 = $0.63 + $0.23 = $0.86 + $0.75 = $1.61 total return.
2007-02-26 12:39:03 · answer #1 · answered by gosh137 6 · 0⤊ 0⤋
continuously Mutual funds as in my opinion you're actually not properly geared up with the expertise of industry dynamics.you're actually not conscious what's the splendid time to get in or get out subsequently placed funds into industry by using Mutual funds who've the examine mechanism,and has techniques on each and each sector and organization they comprehend superb time to take a position and disinvest.with mutual fund your danger is likewise decreased.they frequently attend analyst meet convened by skill of incredibly some organization's.
2016-10-16 13:46:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋