What was his total return for this investment

Assignment Help Financial Management
Reference no: EM131178298

Three years ago, James Matheson bought 340 shares of a mutual fund for $23 a share. During the three-year period, he received total income dividends of 0.68 per share. He also received total capital gain distributions of $1.65 per share. At the end of three years, he sold his shares for $35 a share. What was his total return for this investment? Round your answer to the nearest whole dollar amount. Do not include the comma, period, and "$" sign in your response.

Reference no: EM131178298

Questions Cloud

Produce a public relation plan for oxfam australia : Question: Produce a Public Relation Plan for Oxfam Australia. Require: Introduction (200 WORDS) The introduction 'introduces' the reader to the client organisation and campaign
Initial choice of heating by an elderly individual : (a) Describe the initial choice of heating by an elderly individual; (b) Analyse the effects of an increase in the cost of heating on the consumption of heating and the well-being of that individual before and after the implementation of governmen..
Annual coupon bond with a face value : A five year 6% annual coupon bond with a face value of $1000 sells in the market for a YTM of 5%. What is the fair market price of this bond? XYZ Corp just paid a $1.50 dividend per share yesterday. You expect dividends to grow at 3% per year forever..
Global share of the personal computer market : During the 1990s, Apple Computer saw its global share of the personal computer market fall from above 10 percent to less than 5 percent. Despite a keenly loyal customer base, Apple found it more and more difficult to compete in a market dominated ..
What was his total return for this investment : Three years ago, James Matheson bought 340 shares of a mutual fund for $23 a share. During the three-year period, he received total income dividends of 0.68 per share. He also received total capital gain distributions of $1.65 per share. At the end o..
How many different scoring scenarios are possible : How many different scoring scenarios are possible if the game is settled in the first round of 10 penalty kicks, where the round ends once it is impossible for a team to equal the number of goals scored by the other team?
Should ebay establish the distribution cente : Ebay is considering whether to establish a sale distribution center in China. Given the large Chinese consumer market, Eaby estimates that its net sales revenues will be 15 million yuans in the first year, 20 million yuans in the second year, and 35 ..
Create a table in word to insert your calculations : Striker Auto is looking into their car manufacturing costs at its Kansas City Plant. Create a table in Word to insert your calculations and submit the completed table for this module's assignment.
Expect the pacific oceanto : The CCD (Carbonate Composition Depth) is the water depth atwhich the rate of supply of calcium carbonates from the surface isequal to the rate of dissolution. Do you expect the Pacific Oceanto have a shallower or deeper CCD than the Atlantic Ocean..

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd