Homework Help: math urgent please help

Posted by Anonymous on Friday, November 9, 2007 at 9:38am.

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 - Ms. Sue, Friday, November 9, 2007 at 10:02am
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.

Answer this Question

Related Questions

MATH - Mrs. Butler bought 1,800 shares of Stairwell Mutual Fund at an offer ...
math investments - I am unsure how to figure out this question please explian Mr...
math - Mrs smith sold 200 shares of a stock for 5,975 dollars, when the price ...
math - An investor bought 150 shares of an airline.She paid $60 per share for 50...
math - Suppose that the investor of problem 14 bought 100 shares of the Geo Fund...
Finanical - 4. An investor purchases a mutual fund share for $100. The fund pays...
accounting - Shott Farm Supplies Corporation purchased 800 shares of General ...
math - if you invest $7500 in a mutual fund at $34.53 per share, how much profit...
Business Finance - I came up with 4.80 per share for the question. A mutual fund...
Finance - The venture capital fund Techno Fund II made a $4 million investment ...

For Further Reading

First Name:
School Subject:
Answer: