Three years ago james matheson bought 220 shares of a


Three years ago, James Matheson bought 220 shares of a mutual fund for $27 a share. During the three-year period, he received total income dividends of 0.76 per share. He also received total capital gain distributions of $1.40 per share. At the end of three years, he sold his shares for $35 a share.

What was his total return for this investment?

Round your answer to the nearest whole dollar amount.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Three years ago james matheson bought 220 shares of a
Reference No:- TGS02723211

Expected delivery within 24 Hours