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Suppose You Invested $75 in the Ishares Dividend Stock Fund

question 5

Multiple Choice

Suppose you invested $75 in the Ishares Dividend Stock Fund (DVY) a month ago.It paid a dividend of $0.50 today and then you sold it for $70.What was your return on the investment?


Definitions:

Simplify

To reduce a mathematical expression or problem to its simplest form, making it easier to understand or solve.

Numerical Coefficient

A number that multiplies a variable in an algebraic expression, representing the variable's rate of change.

Algebraic Expression

A mathematical phrase that can include numbers, variables, and operation symbols but does not contain an equality sign.

Simplify

To make something easier to understand or do by reducing its complexity.

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