The total return for last year after considering that you bought a share of 4.5% preferred stock for $105.35 is 2.21%
Dividend = $100 * 4.5% preferred stock shares
Dividend = $100*4.5%
Dividend = $4.5
Total return = (End value - Beginning value + Dividend) / Beginning value
Total return = ($103.18 - $105.35 + 4.5) / $105.35
Total return = $2.33 / $105.35
Total return = 0.0221167537
Total return = 2.21%
Hence, the total return for last year after considering that you bought a share of 4.5% preferred stock for $105.35 is 2.21%
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