Question $37$

Jack wishes to determine the return on two stocks he owned in $2023,$ Snap and Amazon. At the beginning of the year, Snap traded for $$105\mathrm{.}35$ per share and Amazon traded for $$61\mathrm{.}46.$ During the year Snap paid $$2\mathrm{.}37$ per share in dividends, and Amazon paid $$2\mathrm{.}00$ per share. At the end of the year, Snap was trading at $$115\mathrm{.}82,$ and Amazon sold for $$69\mathrm{.}12.$ Calculate the annual rate of return for each stock and determine which stock made the highest return $\%.$

Amazon $12\mathrm{.}2\%$

Amazon $15\mathrm{.}7\%$

Snap $18\mathrm{.}2\%$

Snap $8\mathrm{.}2\%$