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1) Ahmet purchased a stock for $46 a share and sold it nine months later for $52. While he owned the stock, Ahmet received three

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1) Ahmet purchased a stock for $46 a share and sold it nine months later for $52. While he owned the stock, Ahmet received three quarterly dividends of $0.80 per share. Ahmet's annualized holding period return on this stock is

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