Suppose you invested $79 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.41 today and then you sold it for $66. What was your return on the investment?
A) -20.72%
B) -$15.94%
C) -18.33%
D) -17.53%
Answer: B
Business
You might also like to view...
Briefly describe the three categories of incentive pay plans and give an example of each
What will be an ideal response?
Business
A fixed asset with a cost of $30,000 and accumulated depreciation of $28,500 is sold for $3,500 . What is theamount of the gain or loss on disposal of the fixed asset?
a. $2,000 loss b. $2,000 gain c. $1,500 loss d. $3,500 gain
Business