Suppose You Invested $59 in the Ishares Dividend Stock Fund

question 102

Multiple Choice

Suppose you invested $59 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of 0.38 today and then you sold it for $66. What was your return on the investment?

• A) 8.76%
• B) 13.76%
• C) 12.51%
• D) 10.01%

---

Definitions:

Dramatically

Pertains to a significant or striking change or effect.

Doubled

To increase twofold in size, quantity, or value.

Social Institution

An organized and established system of social behavior with a recognized purpose, such as family, education, religion, or government.

Economy

A social institution that determines how a society produces, distributes, and consumes goods and services.