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24. Which of the following statements is true for a stock that sells now for $54, pays an annual dividend of $3.40, and experienced a

24. Which of the following statements is true for a stock that sells now for $54, pays an annual dividend of $3.40, and experienced a 25% return on investment over the past year? Its price one year ago was:

A. $43.05. B. $37.95. C. $40.50. D. $45.92.

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