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A couple bought some stock for $30 per share that pays an annual dividend of $0.60 per share. After 2 years the price of the

A couple bought some stock for $30 per share that pays an annual dividend of $0.60 per share. After 2 years the price of the stock was $33.

(a) What is the return on investment? % (b) Find the simple interest rate on the growth of their investment. %

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