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Problem 1 6 - 1 1 Finding Percentage of Total Return [ LO 1 6 - 4 ] Assume that one year ago you bought

Problem 16-11 Finding Percentage of Total Return [LO16-4]
Assume that one year ago you bought 100 shares of a mutual fund for $34.10 per share, you received a $0.46 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $4225. Calculate the percentage of total return for your $3,410 investment
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
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