You purchased a stock for $$46\mathrm{.}70$ %a share and resold it one year later. Your total return for the year was $11\mathrm{.}2$ percent and the dividend yield was $2\mathrm{.}8$  percent. At what price did you resell the stock? 

 

Multiple Choice

$$42\mathrm{.}78$

$$50\mathrm{.}62$

$$51\mathrm{.}93$

$$52\mathrm{.}08$

$$57\mathrm{.}54$

Answer rating: 100% (QA)

The question is asking for the price at which you resold the stock You bought the ... View the full answer