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A stock had the following year-end prices and dividends: Year Price Dividend 0 $ 60.07 1 71.42 $ 1.25 2 62.66 1.55 3 72.62 1.60

A stock had the following year-end prices and dividends: Year Price Dividend 0 $ 60.07 1 71.42 $ 1.25 2 62.66 1.55 3 72.62 1.60 What was the arithmetic average return for the stock?

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