18. You bought one share of stock on January 1 for $48.00 per share, and sold it on December 31 of the same year for $56.00 per share. During the year, you received total dividends of $2.00. What was your total return for the year? O A. 16.7% 1 B. 20.8% C. 25.0% D. 36.1% 17. Which one of the following is NOT one of the three necessary conditions for stock repurchases to benefit shareholders? A. The company can do the purchase from cash, without borrowing B. The company's stock price is substantially below its intrinsic value C. The company has a capital structure with equal amounts of debt and of equity. D. The company has funded all of its investment projects that have a positive net present value