Shelby purchased 100 shares of abcd growth fund for 1000, Financial Management

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Shelby purchased 100 shares of abcd growth fund for 1000

Shelby purchased 100 shares of ABCD Growth fund for $10.00 per share. She had income dividends of $15, capital gain distributions of $35, and a capital gain of $120 in the year she sold her shares. What was her percentage of total return on this investment?

10%

15%

17%

35%

120%

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Financial Management: Shelby purchased 100 shares of abcd growth fund for 1000

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Financial Management: Shelby purchased 100 shares of abcd growth fund for 1000

Reference No:- TGS01702944

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