math investments
posted by jameasen .
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 :)

1800 * $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
Respond to this Question
Similar Questions

math urgent please help
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 … 
math net asset value
Please check my answer thanks :) The net asset value of a mutual fund having total assets of $57,000,000 and liabilites of $8,550,00 There are $15,960,000 worth of outsatnding shares my answer is the net value is $4.80 per share 
MATH
Mrs. Butler bought 1,800 shares of Stairwell Mutual Fund at an offer price of $3 per share. She later sold the shares at a net asset value of $4.60 per share.During the time Mrs. Butler owned the shares, Stairwell Mutual Fund paid … 
Business Finance
I came up with 4.80 per share for the question. A mutual fund has total assets of $57,000,000 and liablities of $8,550,000. If $15,960,000 shares outstanding, what is the net asset value of the fund? 
math
Mrs smith sold 200 shares of a stock for 5,975 dollars, when the price per share went down 3 bucks she bought 100 more shares, when the price per share went back up 5 bucks she sold 50 shares . How much did Mrs smith gain or lose in … 
math
An investor bought 150 shares of an airline.She paid $60 per share for 50 shares $50 per share for 60 shares $75 per share for 40 shares what was her average price per share 
maths
Rana bought 500 shares of HCL at a rate that yielded him 20 % return on a 24%, Rs 350 share. Later on , the company issued a bonus share for every 10 shares held. When the market price was Rs 480 he sold all the shares and invested … 
mathsurgently needed
Rana bought 500 shares of HCL at a rate that yielded him 20 % return on a 24%, Rs 350 share. Later on , the company issued a bonus share for every 10 shares held. When the market price was Rs 480 he sold all the shares and invested … 
mathsurgently needed
Rana bought 500 shares of HCL at a rate that yielded him 20 % return on a 24%, Rs 350 share. Later on , the company issued a bonus share for every 10 shares held. When the market price was Rs 480 he sold all the shares and invested … 
math
Mr. Bobby bought 50 shares at $60, and 2 months later purchased 25 shares a $56.at what price should he purchase 25 additional shares in order to have an average price $58 per share?