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1. Calculating Returns (LO1) Suppose a stock had an initial price of $79 per share, paid a dividend of $1.45 per share during the year,

1. Calculating Returns (LO1) Suppose a stock had an initial price of $79 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $88. Compute the percentage total return.

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