Calculate the hernandez total return for investment

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Reference no: EM132037882

Sarah and James Hernandez purchased 340 shares of Macy’s stock at $45 a share. One year later, they sold the stock for $51.70 a share. They paid a broker a commision of $15 when they purchased the stock and a commision of $20 when they sold the stock. During the 12-month period the couple owned the stock, Macy’s paid dividends that totaled $0.75. Calculate the Hernandez total return for this investment.

Reference no: EM132037882

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