What is percentage rate of return-john stone

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John Stone had 500 shares of Quality Fund on January 1. The shares had a value of $150.35. During the year he received $2,460 in dividends and $4,340 in capital gains distributions. John used the funds to purchase new shares at an average price of $170 per share. By the end of the year the shares went up to $178.5 per share. What is his percentage rate of return?

Reference no: EM132703723

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