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March 29, 2015

Homework Help: math investments

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

I am unsure how to figure out this question please explian

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 :)

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