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Problem 16-11 Finding Percentage of Total Return [L016-4) Assume that one year ago you bought 70 shares of a mutual fund for $17 per share,

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Problem 16-11 Finding Percentage of Total Return [L016-4) Assume that one year ago you bought 70 shares of a mutual fund for $17 per share, you received a capital gain distribution of $0.65 per share during the past 12 months, and the market value of the fund is now $24. Calculate the percentage of total return for your $1,190 investment (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Percent of total return %

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