Calculate the return on investment for 2,000 shares of a mutual fund purchased with an offer price

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Calculate the return on investment for 2,000 shares of a mutual fund purchased with an offer price of $15.83 if the shares were sold with a NAV of $18.72. The shares paid a dividend of $0.87 per share during ownership. Round percent to hundredths? Dividend
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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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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