Holding period return Suppose you entered into an investment eight years ago. You just sold your entire

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Holding period return Suppose you entered into an investment eight years ago.

You just sold your entire position of 8,000 shares and have calculated you received a total dollar return of $13,590. You sold the stock at $18.52. In addition, you received a $.13 dividend each quarter for the first five years. After that, you received a $.18 dividend each quarter. At what price did you buy the stock?

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