Three years ago james matheson bought 400 shares of a, Ask an Expert

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Three years ago, James Matheson bought 400 shares of a mutual fund for $28 a share. During the three-year period, he received total income dividends of 0.66 per share. He also received total capital gain distributions of $1.70 per share. At the end of three years, he sold his shares for $36 a share.

What was his total return for this investment?

Round your answer to the nearest whole dollar amount. Do not include the comma, period, and "$" sign in your response.

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Financial Management, Finance

Category:- Financial Management
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