A mutual fund owns the following stocks: 18,000 shares of General Electric, 30,000 shares of IBM, and 55,000 shares of Exxon Mobile. The fund has to pay back-wages of $410,000 (an accured liability), and has issued 2 million shares to mutual fund shareholders. The fund will receive a dividend of $10 per share from its holdings of General Electric stock in two weeks, which the fund manager will reinvest by buying more shares of GE. Ignore tax effects.

The stock prices for GE, IBM, and Exxon are as follows, respectively:

Time	GE	IBM	Exxon
10am on day 1	668	123	240
End of day 1	671	118	247
14 days later	677	116	238

What's the return to an investor if they submit a buy order at 10am on day 1 and then hold for 14 days? Back wages are now $328,000 after 2 weeks