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A man purchase a share of stock P135 six years ago, and which received a dividend of P6 at the end of each year. If

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A man purchase a share of stock P135 six years ago, and which received a dividend of P6 at the end of each year. If he sold the share for P120 today, at what rate of return could he consider having been paid? Assume that he re-invested the interest earned at 4% compounded annually

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