Suppose You Invested $60 in the Ishares Dividend Stock Fund

question 92

Multiple Choice

Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago.It paid a dividend of $0.70 today and then you sold it for $65.What was your return on the investment?

• A)8.25%
• B)9.00%
• C)9.50%
• D)9.75%

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Definitions:

Major Product

The substance that is formed in the greatest amount during a chemical reaction, indicating the most favored pathway.

Boiling Point

The temperature at which a substance transitions from the liquid phase to the gas phase under atmospheric pressure.

Cis-

A prefix that indicates substituents are located on the same side of a double bond or ring structure.

Trans-hex-3-ene

A geometric isomer of hex-3-ene with the two substituents opposite to each other across the double bond, affecting its chemical properties and reactivity.