Give typing answer with explanation and conclusion Jessica had 600 shares of G Fund on January 1. The shares had a value of $22.35. During the year she received $1,080 in dividends and $1,620 in capital gains distributions. Jessica used the funds to purchase new shares at an average price of $18 per share. By the end of the year the shares declined to $15.83 per share. What is her percentage rate of return?
Give typing answer with explanation and conclusion Jessica had 600 shares of G Fund on January 1. The shares had a value of $22.35. During the year she received $1,080 in dividends and $1,620 in capital gains distributions. Jessica used the funds to purchase new shares at an average price of $18 per share. By the end of the year the shares declined to $15.83 per share. What is her percentage rate of return?
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 2P
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Give typing answer with explanation and conclusion
Jessica had 600 shares of G Fund on January 1. The shares had a value of $22.35. During the year she received $1,080 in dividends and $1,620 in
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