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.) Shares Offer Price Total Cost Net Asset Value Proceeds Per Share Dividends Total Gain (or Loss) Return on Investment % 500 $10.60 $ $12.60 $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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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.)
Shares Offer
Price
Total
Cost
Net Asset
Value
Proceeds Per Share
Dividends
Total Gain
(or Loss)
Return on
Investment
%
500 $10.60 $12.60 $0.66
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