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11)Sue purchased a stock for $25 a share, held it for one year, received a $1.34 dividend, and solc the stock for $26.45. What nominal
11)Sue purchased a stock for $25 a share, held it for one year, received a $1.34 dividend, and solc the stock for $26.45. What nominal rate of return did she earn? A) 12.09% B) 11.16% C) 14.23% D) 10.55%
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