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2. Gunther earned a 62.5 per cent return on a share that he purchased one year ago. The share is now worth $12, and he
2. Gunther earned a 62.5 per cent return on a share that he purchased one year ago. The share is now worth $12, and he received a dividend of $1 during the year. How much did Gunther originally pay for the share? a. $7.00 b. $7.50 c. $8.00 d. $8.50
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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