Zap Fund

Zap Fund is the mainstay of your portfolio. The investment company just announced its​ year-end distributions. The​ long-term capital gain per share is ​$5.56 and the dividend per share is ​$4.18. Assuming the NAV increased from ​$48.98 to ​$53.57​, during the​ year, calculate your total annual return.

Assuming the NAV increased from ​$48.98 to ​$53.57​, during the​ year, your total annual return would be _____%