To calculate the total return on your investment, we need to subtract the initial investment from the final amount received.
1. First, let's calculate the initial investment:
- You bought 50 shares of XYZ stock for $70 per share.
- So, the initial investment is 50 shares * $70 per share = $3500.
2. Next, let's calculate the final amount received:
- You sold the stock for $5300.
3. Now, let's calculate the total return:
- Total return = Final amount received - Initial investment
- Total return = $5300 - $3500
- Total return = $1800.
Therefore, the total return on your investment is $1800.
Please note that the total return represents the profit or loss made on the investment. In this case, the total return is positive, indicating a profit of $1800.