Answer:
the total percentage return on this investment is -1.57%
Explanation:
The computation of the total percentage return on this investment is shown below:
The total return Per Share is
= [(Price at End - Price at Beginning) + Dividend ]
= [($38.03 - $39.44) + $0.79]
= -0.62
Now the total percentage return on this investment is
= Total return per share ÷ initial investment × 100
= -$0.62 / $39.44 × 100
=-1.57%
Hence, the total percentage return on this investment is -1.57%
