# math investments

posted by .

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 :)

• math investments -

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

## Similar Questions

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 …
2. ### 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
3. ### 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 …

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?
5. ### 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 …
6. ### 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
7. ### 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 …
8. ### maths-urgently 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 …
9. ### maths-urgently 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 …
10. ### 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?

More Similar Questions

Post a New Question