What was his total return for this investment

Assignment Help Financial Management

Reference no: EM131616556

Three years ago, James Matheson bought 400 shares of a mutual fund for $28 a share. During the three-year period, he received total income dividends of 0.66 per share. He also received total capital gain distributions of $1.70 per share. At the end of three years, he sold his shares for $36 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: EM131616556

Questions Cloud

Develop learning opportunities for active inquiry : Develop learning opportunities for active inquiry, and supportive interaction utilizing effective verbal, nonverbal, and media communication techniques.

Demonstrate the scope of that particular need in the us : Review the textbook, For They Shall Be Fed, selecting a key passage or passages, as rationale for why the readers should get involved.

Find the flow rate and the pipe length : Consider fully developed laminar flow in a circular pipe. If the diameter of the pipe is reduced by half while the flow rate and the pipe length are held.

Discuss about the religious economy approach : Speculate on the relation between the religious economy approach and the trend of more adults becoming nonaffiliated with any religion.

What was his total return for this investment : Three years ago, James Matheson bought 400 shares of a mutual fund for $28 a share. What was his total return for this investment?

Write and post a critique of hoedown and farandole : Write and post a critique of Hoedown and Farandole in Discussions under this Discussion heading. Note each distinct and contrasting character of the music.

How is the friction factor related to the pressure drop : How is the friction factor for flow in a tube related to the pressure drop? How is the pressure drop related to the pumping power requirement for a given mass.

Write a report on the current project management issues : MN601 - Network Project Management - Analysis of common issues that project managers often face in organisations

Determine the heat transfer rate in the condenser : Reconsider Problem. Using the EES (or other) software, investigate the effect of the cooling water average (mean) velocity on the number of tubes.

User Account

All Pages