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dalvyx [7]
3 years ago
8

Assume that one year ago, you bought 210 shares of a mutual fund for $20 per share and that you received an income dividend of $

0.22 cents per share and a capital gain distribution of $0.30 cents per share during the past 12 months. Also assume the market value of the fund is now $23 a share. Calculate the total return for this investment if you were to sell it now.
Business
1 answer:
kozerog [31]3 years ago
6 0

Answer:

17.60%

Explanation:

The total return , in this case, can be ascertained using the holding period formula provided below:

total return=(P1-P0+dividend+capital gains)/P0

Holding period return refers to the total return earned for holding the mutual fund investment for 1 year.

P1=market value of the fund now=$23

P0=the initial cost of the fund=$20

dividend=$0.22

capital gain= $0.30

total return=($23-$20+$0.22+$0.30)/$20

total return=$3.52 /$20

total return=17.60%

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<h3>What to you understand by Industries? </h3>

An industry is a collection of businesses that are connected by their main lines of activity. There are numerous categories of industries in contemporary economies. Sectors are generally used to combine together bigger groups of industry classifications.

The processing and transformation of natural resources (raw materials) into other finished and semi-finished products is the primary function of industry in each nation's economy.

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2 years ago
The graph represents the supply and demand curve for chocolates in the economy. Identify the price and quantity at which there w
Zielflug [23.3K]

Answer:

Equilibrium Price - 3

Equilibrium Quantity - 3

Explanation:

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<u>The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.</u>

<em>In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.</em>

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Currently digby is paying a dividend of $19.67 (per share). if this dividend were raised by $3.64, given its current stock price
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The dividend yield for Digby is $23.33

<h3>What is Dividend Yield?</h3>
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  • Price/Dividend, often known as the dividend yield ratio, is the counterpart of dividend yield.
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Explanation:

Given that

Dividend per share = $19.69

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