Suppose a stock had an initial price of $$61$ per share, paid a dividend of $$1\mathrm{.}85$ per share

during the year, and had an ending share price of $$78.$ Compute the percentage total

return.

Multiple Choice

$29\mathrm{.}36\%$

$24\mathrm{.}17\%$

$39\mathrm{.}02\%$

$30\mathrm{.}90\%$

$32\mathrm{.}45\%$