Help, please provide steps, thanks!!!

Currently a share of stock is paying a dividend (cash payout C) of $4.00 to be paid in exactly one year and has a known selling price in one year (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.)