Assume you purchased 500 shares of a mutual fund for $15.00 per share. during the next
12 months you received income dividends of $0.50 per share and capital gain distributions of $1.00 per
share. also, assume you sold your investment at the end of 12 months for $16.80 per share. calculate
the following.
a. total income dividends:
b. total capital gain distributions:
c. total capital gain:
d. amount of total return:
e. percent of total return:

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?