Shelby purchased 100 shares of ABCD Growth fund and had income dividends of $15, capital gain distributions of $35, and a capital gain of $120 in the year she sold her shares, which resulted in a total dollar return of $170.

Question

Quizplus · Accepted Answer

The total dollar return is the sum of income dividends, capital gain distributions, and capital gains from the sale of shares, which equals $15 + $35 + $120 = $170. Therefore, the statement is true.

Shelby Purchased 100 Shares of ABCD Growth Fund and Had