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Help please, please gives steps, Thank you Currently a share of stock is paying a dividend (cash payout C) of $400 to be paid in

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Help please, please gives steps, Thank you

Currently a share of stock is paying a dividend (cash payout C) of $400 to be paid in exactly one year and has a known selling price in oneyear (P of $25.00. The expected return (R) of similar assets is 8.0%, and the current market price is $24.00. What is the total rate of return(R*) on this asset?The total rate of return is %. (Round your response to one decimal place.) Help please, please gives steps, Thank you

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