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33. A stock has been reported to have a total holding return of 13% over the last year. Last year the stock was purchased for

33. A stock has been reported to have a total holding return of 13% over the last year. Last year the stock was purchased for $55 and recently sold for $59.65 after adjusting for the dividend that was to be paid soon. What is the value of this adjustment?

Select one:

a. $2.50

b. $7.75

c. $4.65

d. $7.15

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