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Four years ago, David Robertson purchased 2 0 0 shares of Harrison Microchips. At the time, each share of Harrison Microchips was selling for $

Four years ago, David Robertson purchased 200 shares of Harrison Microchips. At the time, each share of Harrison Microchips was selling for $40. He also paid a $22 commission when the shares were purchased. Now, four years later, he has decided it's time to sell his investment. Harrison Microchips's share price when sold was $52.50. In addition, he paid a $34 commission to sell his shares. He also received total dividends of $2.20 per share over the four-year investment period.
a. What was the total return for Mr. Robertson's investment?
b. What is the annualized holding yield for his investment?
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