Wednesday

April 16, 2014

April 16, 2014

Posted by **jameasen** on Thursday, January 10, 2008 at 7:42pm.

Mr Jones bought 1,8000 shares of Hampstead Mutual Fund at an offer price of $3 per share He later sold the shares at a net asset value of $4.60 per share During this time Mr Smith owned the shares, Hampstead Mutual paid a dividend of $0.80 per share. how do I figure out Mr Smith's return on his investement I have to show all of my work

Thank you for any help :)

- math investments -
**Ms. Sue**, Thursday, January 10, 2008 at 7:50pm1800 * $3 = $5400 -- amount he paid

1800 * $4.6 = $8200 -- amount he sold it for

1800 * $0.8 = $1440 -- dividends

Adding the sale price to the dividends -- $8200 + 1440 = $9640

Next -- subtract the amount he paid from the amount he made -- $9640 - $5400 = $4240

4240/5400 = 0.785 = 78.5% = his return on his investment

**Related Questions**

MATH - Mrs. Butler bought 1,800 shares of Stairwell Mutual Fund at an offer ...

math urgent please help - Mrs Buttler bought 1,800 shares of Stairwell Mutual ...

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...

Business Finance - I came up with 4.80 per share for the question. A mutual fund...

math - if you invest $7500 in a mutual fund at $34.53 per share, how much profit...

math - Mrs smith sold 200 shares of a stock for 5,975 dollars, when the price ...

Math - Mr.jones bought a share of a stock at the cost of x dollars. This year ...

Finance - The venture capital fund Techno Fund II made a $4 million investment ...

math - the price for a stock has decreased from $24.50 per share to 18.60 per ...