Dane purchased 3,000 shares of a mutual fund at an offer price of $6.03 per share. Later, he sold the investment for $3.64 per share. During the time Dane owned the shares, the fund paid a dividend of $0.52 per share. What was his return on investment? (Round to nearest tenth percent)
A) ?31.0%
B) ?37.1%
C) +44.3%
D) +41.2%
A
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