Exactly four years ago, you purchased shares in a mutual fund for $500. All the dividends...

 

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Exactly four years ago, you purchased shares in a mutual fund for $500. All the dividends were reinvested in the fund, the current value of the shares you own, including those obtained from dividend reinvestment, is $705.80. The dividends paid and reinvested are shown below. Year 2016 Dividend $30 $32 $36 What is your pretax rate of return to date? 2017 2018 2019 $40 Exactly four years ago, you purchased shares in a mutual fund for $500. All the dividends were reinvested in the fund, the current value of the shares you own, including those obtained from dividend reinvestment, is $705.80. The dividends paid and reinvested are shown below. Year 2016 Dividend $30 $32 $36 What is your pretax rate of return to date? 2017 2018 2019 $40

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To calculate the pretax rate of return to date we need to calculate the total divide... View the full answer