Three years ago james matheson bought 300 shares of a


Three years ago, James Matheson bought 300 shares of a mutual fund for $29 a share. During the three-year period, he received total income dividends of 0.68 per share. He also received total capital gain distributions of $1.55 per share. At the end of three years, he sold his shares for $30 a share. What was his total return for this investment? Round your answer to the nearest whole dollar amount. Do not include the comma, period, and "$" sign in your response.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Three years ago james matheson bought 300 shares of a
Reference No:- TGS01252930

Expected delivery within 24 Hours