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7) Last year Mike bought 100 shares of Dalls Corporation common stock for $53 per share During the year he reccived dividends of $1,45 per

7) Last year Mike bought 100 shares of Dalls Corporation common stock for $53 per share During the year he reccived dividends of $1,45 per share, The stock is currently selling for $60 per share. What rate of retumn did Mike ear over the sear?

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