What was his total return for this investment

Reference no: EM131486766

Question: Three years ago, James Matheson bought 200 shares of a mutual fund for $23 a share. During the three-year period, he received total income dividends of $0.92 per share. He also received total capital gain distributions of $0.80 per share. At the end of three years, he sold his shares for $29 a share. What was his total return for this investment?

Reference no: EM131486766

Questions Cloud

Supplier power have on firms low-cost strategy : What impact does supplier power have on a firm’s low-cost strategy?

Discussion questions of the assignment guidelines : Your response is required to meet the following requirements as outlined in the section of Discussion Questions of the Assignment Guidelines

Identify the constitutional temperament represented : Interpret the images and identify the constitutional temperament represented. The Representations of Constitutions and Tissue States.

Briefly introduce and summarize the article : How would you explain the role of leadership in corporate culture, and how would you describe leadership styles and how they affect ethical decision-making?

What was his total return for this investment : Three years ago, James Matheson bought 200 shares of a mutual fund for $23 a share. During the three-year period, he received total income dividends of $0.92.

Determining the leadership excellence : Read the article entitled "Leadership Excellence: Communicate Your Vision". Next, assess the consequences of leaders not being able to communicate their change

Avoiding under-communicating the change vision : Discuss the outcomes of a change management plan with an under-communicated vision of change.

Conduct adequate research-knowledge management : Conduct adequate research to determine if Knowledge Management

How a tax rate cut affects tax revenues : Compare the common perception of how a tax rate cut affects tax revenues with economist Laffer's theory and please discuss it in 2-3 paragraphs

User Account

All Pages