What was his total return for investment

Assignment Help Financial Management
Reference no: EM131927736

Three years ago, James Matheson bought 220 shares of a mutual fund for $27 a share. During the three-year period, he received total income dividends of 0.76 per share. He also received total capital gain distributions of $1.40 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.

Reference no: EM131927736

Questions Cloud

What is the fund net asset value : The Western Capital Growth mutual fund. What is the fund's net asset value (NAV)?
Why is topic important to employee training and development : Why is the topic important to employee training and development? Justify your response, giving at least three reasons, supported by two scholarly resources.
Describe trade-offs that are encountered in product design : Describe some of the trade- offs that are encountered in product and service design.
Construct a confidence interval of losses : The company researcher takes a random sample of losses over 49 days and finds that = $187 and s = $30.
What was his total return for investment : Three years ago, James Matheson bought 220 shares of a mutual fund for $27 a share. What was his total return for this investment?
Lear earnings after taxes under financing plan : Determine Lear’s earnings after taxes under this financing plan. The tax rate is 40 percent.
Read the case and write about it : My statement: Monsanto seems to have recently tried, but still fails to even create an ethical culture that can effectively respond to various stakeholders.
Find the probability that the surgery : Find the probability that the surgery is successful for exactly 4 patients.
What is the correlation between stock a and stock b : Which of the following is NOT a normal balance? What is the correlation between Stock A and Stock B?

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