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Tammy Jackson purchased 166 shares of All-American Manufacturing Company stock at $40.50 a share. One year later, she sold the stock for $45 a share.
Tammy Jackson purchased 166 shares of All-American Manufacturing Company stock at $40.50 a share. One year later, she sold the stock for $45 a share. She paid her broker a $38 commission when she purchased the stock and a $47 commission when she sold it. During the 12 months she owned the stock, she received $202 in dividends. Calculate Tammys total return on this investment. (Round all intermediate calculations and final answer to the nearest whole number.)
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