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1 . The holding - period return on a stock was 3 2 % . Its beginning price was $ 2 5 , and its

1. The holding-period return on a stock was 32%. Its beginning price was $25, and its cash dividend was $1.50. Its ending price must have been __________.(1 points)
a. $28.50
b. $33.20
c. $31.50
d. $29.75

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