Question: Problem 13-10 Finding Total Return [LO4] Assume that one year ago you bought 200 shares of a mutual fund for $20 per share, you received

Problem 13-10 Finding Total Return [LO4] Assume that one year ago

Problem 13-10 Finding Total Return [LO4] Assume that one year ago you bought 200 shares of a mutual fund for $20 per share, you received a $0.45 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $24. Ignoring tax, calculate the total return for this investment if you were to sell it now. (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Return on Investment %

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