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Assume that one year sgo, 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 sgo, you bought 240 shares of a mutual fund for $25 per share and that you received an income dividend of 5032 cents per shove and a capital gain distribution of 5105 per share during the past 12 months. Also assume the market vilue of the fand is now $27.50 a share. Calculate the total return for this invectment if you were to sell it now: Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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