Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. (Round your return on investment to one decimal place.) Return on Offer Total Net Asset Per Share Total Gain Shares Proceeds Investment Price Cost Value Dividends (or Loss) % 500 $10.60 2$ $12.80 2$ $0.67 %

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund
investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later
sold. (Round your return on investment to one decimal place.)
Return on
Offer
Total
Net Asset
Per Share
Total Gain
Shares
Proceeds
Investment
Price
Cost
Value
Dividends
(or Loss)
%
500
$10.60
$
$12.80
$0.67
$
|%
Transcribed Image Text:Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. (Round your return on investment to one decimal place.) Return on Offer Total Net Asset Per Share Total Gain Shares Proceeds Investment Price Cost Value Dividends (or Loss) % 500 $10.60 $ $12.80 $0.67 $ |%
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