Determine the investment return on the fund


Assignment:

You purchased 5,000 shares of a mutual fund at a price of $7.50 per share. You later sell those shares for $8.35 per share. During the time you owned the shares, the fund paid a dividend of $0.41 per share. Determine your investment return on the fund? Round answer to nearest tenth of a percent.

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Mathematics: Determine the investment return on the fund
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