You purchased a stock at a price of $48.98. The stock paid a dividend of $1.63 per share and the stock price at the end of the year was $54.12. What was the total return for the year? Multiple Choice 13.82% 10.49% 13.17% 12.51% 3.33%

13.82%

Explanation:

The computation of total return for the year is shown below:-

Total return = (End value - Beginning value + Dividend) ÷ Beginning value

= ($54.12 - $48.98 + $1.63) ÷ $48.98

= 6.77 ÷ $48.98

= 0.13821

or

= 13.82%

Therefore for computing the total return we simply applied the above formula by considering all the information given in the question

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"