Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Assume that one year ago, you bought 140 shares of a mutual fund for $18 per share and that you received an income dividend of
$0.14 cents per share and a capital gain distribution of $0.23 cents per share during the past 12 months. Also assume the market value
of the fund is now $22 a share. Calculate the total return for this investment if you were to sell it now. (Negative amount should be
indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

Sagot :

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.