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Suppose a stock had an initial price of $100 per share, paid a dividend of $3.10 per share during the year, and had an ending

Suppose a stock had an initial price of $100 per share, paid a dividend of $3.10 per share during the year, and had an ending share price of $79.50.

Requirement 1:

Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Percentage total return %

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