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Sarah and James Hernandez purchased 400 share of Cisco Sustems stock at $19.80 a share. One year later, they sold the stock for $24.45 a
Sarah and James Hernandez purchased 400 share of Cisco Sustems stock at $19.80 a share. One year later, they sold the stock for $24.45 a share. They paid a broker $36 commission when they purchased the stock. During the 12-month period the couple owned the stock, Cisco Systems paid no dividends. Calculate the Hernandez's total return for this investment. Round your answer to the nearest whole number.
Calculate the Hernandez's total return for this investment.
Round your answer to the nearest whole number.
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