chap.16. q. 2

Assume that one year ago you bought 220 shares of a mutual fund for $19 per share, you received a capital gain distribution of $0.95 per share during the past 12 months, and the market value of the fund is now $21 Calculate the total return for this investment if you were to sell it now. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total dollar retum