Calculate the hernandez total return for this investment

Reference no: EM13177353

Sarah and James Hernandez purchased 300 shares of Cisco Systems stock at $15.40 a share. One year later, they sold the stock for $22.20 a share. They paid a broker a $36 commission when they purchased the stock and a $46 commission when they sold the stock. During the 12-month period the couple owned the stock, Cisco Systems paid no dividends. Calculate the Hernandez's total return for this investment.

Reference no: EM13177353

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