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A stock had the following year-end prices and dividends: Year Price Dividend 0 $ 60.43 1 72.20 $ 1.28 2 62.90 1.61 3 73.28 1.63
A stock had the following year-end prices and dividends: Year Price Dividend 0 $ 60.43 1 72.20 $ 1.28 2 62.90 1.61 3 73.28 1.63 What was the arithmetic average return for the stock?
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