You purchased 1,350 shares of stock in Natural Chicken Wings, Inc., at a price of $43.58 per share. Since you purchased the stock, you have received dividends of $1.09 per share. Today, you sold your stock at a price of $47.76 per share. What was your total percentage return on this investment

12.09%

Explanation:

The computation of the total percentage return on this investment is shown below:

= { (Sale price of the stock - purchase price of stock + dividend received per share) : purchase price of stock) * 100

= { ($47.76 - $43.58 + $1.09) : $43.58} * 100

= ($5.27 : $43.58) * 100

= 12.09%

We simply applied the above formula so that the total percentage return on this investment could come