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Assume that one year ago, you bought 240 shares of a mutual fund for $25 per share and that you received an income dividend of

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Assume that one year ago, you bought 240 shares of a mutual fund for $25 per share and that you received an income dividend of $0,32 cents per share and a capital gain distribution of $1.05 per share during the past 12 months. Also assume the market value of the fund is now $27.50 a share, Caiculate the total return for this investment if you were to sell it now. Note: Do not round intermediate calculations, Round your answer to 2 decimal places

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