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A stock had the following year-end prices and dividends: Year Price Dividend 0 $58.75 -- 1 68.56 1.14 2 61.78 1.33 3 70.20 1.49 What
A stock had the following year-end prices and dividends:
Year Price Dividend
0 $58.75 --
1 68.56 1.14
2 61.78 1.33
3 70.20 1.49
What was the arithmetic average return for the stock?
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