Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.63 today and then you sold it for $65. What was your return on the investment?
A) 6.57%
B) 7.51%
C) 9.38%
D) 10.32%

Name: Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.63 today and then you sold it for $65. What was your return on the investment? A) 6.57% B) 7.51% C) 9.38% D) 10.32%
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Question

Quizplus · Accepted Answer

C) $(65 + 0.63) - 60 = 5.63;
5.63 / 60 = 9.38%

Suppose You Invested $60 in the Ishares Dividend Stock Fund