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Sarah and James Hernandez purchased 260 shares of Macy's stock at $20 a share. One year later, they sold the stock for $25.00 a share.

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Sarah and James Hernandez purchased 260 shares of Macy's stock at $20 a share. One year later, they sold the stock for $25.00 a share. They paid a broker a commision of $6 when they purchased the stock and a commision of $10 when they sold the stock. During the 12-month period the couple owned the stock, Macy's paid dividends that totaled $1.87 a share. Calculate the Hernandez total return for this investment. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total return

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