you purchased 100 shares of gibraltar strength fund for $12.75 per share. its current nav is 18.75 per share. there was a total of $0.25 in dividends and $0.75 in capital gains distributed. what is your total return?

Respuesta :

Your total return, based on the dividends, the NAV, and the capital gains, is 54.90%.

How to find the total return?

The total return on a stock is found by using the change in NAV, and the dividends and capital gains distributed.

The total return formula is:
= ( Ending NAV - Beginning NAV + Dividend distributed  + Capital gain) / Beginning NAV x 100%

Solving for the total return gives:

= ( 18.75 - 12. 75 + 0.25 + 0. 75 ) / 12. 75 x 100%

= 7 / 12. 75 x 100%

= 54. 90%

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