Posted by Anonymous on .
Mrs Buttler bought 1,800 shares of Stairwell Mutual Fund At an offer price of $3.00 per share. She later sold the shares at a net asset value of $4.60m per share. During the time Mrs Buttler owned the shares, Stairwell Mutual paid adividend of $0.80 per share. What is Mrs Buttler's returned investment ?
Please show me all the work on how you got your answer thanks so much
math urgent please help -
She paid 1800 * $3.
She received dividends of 1800 * $0.8
She sold the stock at $4.6 * 1800.
Divide the amount she spent by the difference between the total amount of money she made and her initial investment.