Answer:
Total return investment % = -0.641 or -64.1%
Explanation:
Given:
Number of share = 145 shares
Purchase price = $149 per share
Sale price = $53
Commission on purchase = $39
Commission on sale = $46
Dividend received = $128
Computation:
Purchase value of share = [Number of share × Purchase price] + Commission on purchase
Purchase value of share = [145 × $149] + $39
Purchase value of share = $21,605 + $39
Purchase value of share = $21,644
Sale value of share = [Number of share × sale price] - Commission on sale
Sale value of share = [145 × $53] - 46
Sale value of share = $7,639
Total return = Sale value of share - Purchase value of share + Dividend received
Total return = $7,639 - $21,644 + $128
Total return = - $13,877
Total return investment % = - $13,877 / $21,644
Total return investment % = -0.641 or -64.1%
