Suppose You Invested $60 in the Ishares Dividend Stock Fund

question 97

Multiple Choice

Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.63 today and then you sold it for $65. What was your return on the investment?

• A) 6.57%
• B) 7.51%
• C) 9.38%
• D) 10.32%

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Definitions:

Transform a Problem

The process of changing a challenge in a way that makes it manageable or beneficial.

Graham Wallas

A social psychologist known for his work on the creative process, dividing it into four stages: preparation, incubation, illumination, and verification.

Useful Action

Any activity that leads to achieving a specific, beneficial outcome or goal.

Creative Process

The series of thoughts and actions involved in generating innovative ideas or solutions.