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3 You purchased 10 shares of JP Morgan (JPM) at $100 per share five years ago. JPM paid a $1.25 quarterly dividend. Today, JPM is

3 You purchased 10 shares of JP Morgan (JPM) at $100 per share five years ago. JPM paid a $1.25 quarterly dividend. Today, JPM is worth $150 per share. What was your average annual return (%) (to two decimal places, xx.xx%)

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