Given the information in question 10, calculate the percentage of total return for your $3,310 investment. Question
Question:
Given the information in question 10, calculate the percentage of total return for your $3,310 investment.
Question 10
Assume that one year ago youbought 100 shares of a mutual fund for $33.10 pershare, you received a $0.42 per-share capital gaindistribution during the past 12 months, and the marketvalue of the fund is now $40.25. Calculate the total return for this investment if you were to sell it now.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
calculation of the percentage of total return for your 3310 investment Total c...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
Given the information in Question 10, calculate the percent of total return for your $1,350 investment.
-
Given the information in question 12, calculate the percent of total return for your $4,200 investment.
-
Given the information in question 12, calculate the percentage of total return for your $5,040 investment. Question 12 Assume that one year ago, youbought 210 shares of a mutual fund for $24 per...
-
Write a short email to your instructor, discussing what you believe are your greatest strengths and weaknesses from an employment perspective. Next, explain how these strengths and weaknesses would...
-
Greg Allen is an employee, shareholder, and director of Greg Allen Construction Co., and its president. In 1996, Daniel and Sondra Estelle hired Allens firm to renovate a home they owned in Ladoga,...
-
Suppose that GLC earns a $2000 profit each time a person buys a car. We want to determine how the expected profit earned from a customer depends on the quality of GLCs cars. We assume a typical...
-
Identify at least one technological advancement and one sociocultural change that have affected you as a consumer. Explain the impact of each on your needs as a customer.
-
Victors Repair Shop has a monthly target operating income of $ 20,000. Variable expenses are 60% of sales, and monthly fixed expenses are $ 12,000. Requirements 1. Compute the monthly margin of...
-
.PLEASE HELP/ DO NOT ATTEMPT IF YOU ARE GOING TO COPY. Introduction: You are employed by the Hope Center (a 501c3 nonprofit organization based in Minnesota) as a Manager of New Program Development....
-
Amy Lloyd is interested in leasing a new Honda and has contacted three automobile dealers for pricing information. Each dealer offered Amy a closed-end 36-month lease with no down payment due at the...
-
Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large- Cap Value Fund. Using the following information, answer the questions below. You may want to review the concept of...
-
Assume that one year ago you bought 100 shares of a mutual fund for $33.10 per share, you received a $0.42 per-share capital gain distribution during the past 12 months, and the market value of the...
-
Explain how active loading of sucrose into sieve elements accounts for the following observations: a. The phloem sap has a relatively high pH of about pH 8. b. The inside of sieve element/companion...
-
A light ray is travelling in water towards the surface. It emerges into the air at an angle of 29 degrees from the normal to the surface. What was the incident angle (from the normal to the surface)...
-
This thesis given below is a bit vague could you change it up to be more specific, for example it says courts have been essential but say how? Also, the arguments given "the impact of the legal...
-
There are 2538 total students. 2001 students took philosophy, 1064 students took chemistry. 1333 students took philosophy but did not take chemistry. How many students took philosophy and chemistry?...
-
Kohler Corporation reports the following components of stockholders' equity at December 31 of the prior year. Common stock-$20 par value, 100,000 shares authorized, 55,000 shares issued and...
-
BANK OF CENTENNIAL Credit Card Statement of Account Credit Limit Account Number Interest Rates Annual Daily Limit: Available: $5,000.00 497 332 8751889 Purchases 17.999 0.04929 $3,344.69 Cash Advance...
-
An industrial plant claims to discharge no more than 1000 gallons of wastewater per hour, on the average, into a neighboring lake. An environmental action group decides to monitor the plant, in case...
-
Stephen Schor, an accountant in New York City, advised his client, Andre Romanelli, Inc., to open an account at J. P. Morgan Chase Bank, N.A., to obtain a favorable interest rate on a line of credit....
-
Bill wants to purchase a new car for $ 45,000. Bill has no savings, so he needs to finance the entire purchase amount. With no down payment, the interest rate on the loan is 13% and the maturity of...
-
Mary and Marty are interested in obtaining a home equity loan. They purchased their house five years ago for $ 125,000 and it now has a market value of $ 156,000. Originally, Mary and Marty paid $...
-
Refer to question 8. What will Mary and Martys credit limit be if the bank uses the market value of equity to determine their credit limit and will loan them 70% of the equity? In Question 8 Mary and...
-
Diggins Excavation has a contractors equipment policy written on a scheduled basis. What is "scheduled" on this kind of policy? (Search Chapter 9) a. the locations at which Diggins is using its...
-
Segn el libro de Robbins, Coulter, y eCenzo, D. A. (2020). Fundamentals of management (11. a ed. Que es Compensacin y beneficios
-
The purpose of the Exclusion for Qualified Principal Residence Indebtedness is to provide tax relief on canceled debt for many homeowners involved in a mortgage foreclosure. Taxpayers can exclude...
Study smarter with the SolutionInn App