You purchased 5,000 shares of a mutual fund at an offer price of $7.99 per share. Several months later you sold the shares for $6.22 per share. During the time you owned the shares, the fund paid a dividend of $0.40 per share. What was your return on investment? (Round to nearest tenth of a percent)

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The Answer of You purchased 5,000 shares of a mutual fund at an offer price of $7.99 per share. Several months later you sold the shares for $6.22 per share. During the time you owned the shares, the fund paid a dividend of $0.40 per share. What was your return on investment? (Round to nearest tenth of a percent)

You Purchased 5,000 Shares of a Mutual Fund at an Offer