Sabrine purchased 4,500 shares of a mutual fund at an offer price of 8.98 per share. Later, she sold the investment for 7.39 per share. During the time she owned the shares, the fund paid a dividend of 0.58 per share. What was her return on her investment? (Round to the nearest tenth)
A) 9.5
B) 11.2
C) 1.2
D) 6.6
Question 2
Decorative Floors received a 1,200 promissory note at 10.5 simple interest for 4 months from one of its customers. After 1 month, the note was discounted at the Riverview Bank at a discount rate of 14. What are the proceeds Decorative Floors will receive from the discounted note? Use ordinary interest.
How to create a price index to calculate inflation for a basket of goods
Share of Human Capital in Wages in Developing Countries
Capital’s Share of Income in a Cross-Section of Countries
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...