Copyright

Suppose you invested $58 in the Ishares Dividend Stock Fund? (DVY) a month ago. It paid a...

Question:

Suppose you invested $58 in the Ishares Dividend Stock Fund? (DVY) a month ago. It paid a dividend of $0.80 today and then you sold it for $68. What was your return on the investment?

A. 13.03

B. 20.48

C. 14.9

D. 18.62

Return on Investment :

It is the ratio of net gain derived from an investment in relation to its cost, expressed in percentage form.
By investing in shares, return earned can be decomposed into two parts: Dividend and Capital Gain. Here, capital gain refers to increase in price during the holding period and is represented as difference between Selling Price and Purchase Price.

Answer and Explanation:

Become a Study.com member to unlock this answer! Create your account

View this answer

See full answer below.


Learn more about this topic:

Loading...

Related to this Question

Explore our homework questions and answers library