Sarah and james hernandez purchased 300 shares of cisco


Sarah and James Hernandez purchased 300 shares of Cisco Systems stock at $15.20 a share. One year later, they sold the stock for $26.20 a share. They paid a broker a $35 commission when they purchased the stock and a $47 commission when they sold 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.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Sarah and james hernandez purchased 300 shares of cisco
Reference No:- TGS02723106

Expected delivery within 24 Hours