What was his total return for this investment

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Reference no: EM131863500

Three years ago, James Matheson bought 260 shares of a mutual fund for $29 a share. During the three-year period, he received total income dividends of 0.50 per share. He also received total capital gain distributions of $1.70 per share. At the end of three years, he sold his shares for $30 a share.

What was his total return for this investment?

Round your answer to the nearest whole dollar amount.

Reference no: EM131863500

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