Math Problem Statement

Lian Hwa bought 15 000 units of DCW shares at the price of RM1.12 per share. He was entitled to receive a dividend of 4.5 sen per unit share. After that, all the DCW shares were sold at the price of RM1.65 per unit. Determine

(a) the dividend received,

(b) the return on investment of the DCW shares.

Solution

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Math Problem Analysis

Mathematical Concepts

Arithmetic
Investment
Financial Mathematics

Formulas

Total dividend calculation
Return on Investment (ROI) calculation

Theorems

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Suitable Grade Level

High School