Suppose you invested $59 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of 0.38 today and then you sold it for $66. What was your return on the investment?
A) 8.76%
B) 13.76%
C) 12.51%
D) 10.01%

Name: Suppose you invested $59 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of 0.38 today and then you sold it for $66. What was your return on the investment? A) 8.76% B) 13.76% C) 12.51% D) 10.01%
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Question

Quizplus · Accepted Answer

C) $(66 + 0.38) - 59 = 7.38;
7.38 / 59 = 12.51%

Suppose You Invested $59 in the Ishares Dividend Stock Fund