Question: Please explain the steps to complete this assignment. Thank you Problem 16-10 Finding Total Return [LO16-4] Assume that one year ago you bought 150 shares

 Please explain the steps to complete this assignment. Thank you Problem

Please explain the steps to complete this assignment. Thank you

Problem 16-10 Finding Total Return [LO16-4] Assume that one year ago you bought 150 shares of a mutual fund for $19 per share, you received a capital gain distribution of $0.90 per share during the past 12 months, and the market value of the fund is now $26. Calculate the total return for this investment if you were to sell it now. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total dollar return

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