Creg purchased stock in Cocktatoo limited at a price of 89 per share a year ago. During the year cocktatoo paid dividend which resulted in a dividend yield of 10% for Creg. At end of the year,cocktatoo limited was acquired by Wombat investment limited at a price of 10 per share and creg was forced to sell his share at that price. what is return on his investment?

Creg purchased stock in Cocktatoo limited at a price of $89 per share a year ago. During the year Cocktatoo paid dividend which resulted in a dividend yield of 10% for Creg. At the end of the year, Cocktatoo limited was acquired by Wombat investment limited at a price of $10 per share and Creg was forced to sell his share at that price. What is Creg's return on his investment? 8